Posted by marketguy on 12th of Sep 2010 at 08:06 pm
never said I was betting the farm did I (I'm only human and even
though I can see higher I still don't like being short term
wrong)? If you've been reading my posts my main targets have
been 1116-1118 then 1130 then 1140....I'll average up to that
point and then above 1150 will most likely bail....I've only
been using 1-2X leveraged etfs and just Friday started with some 3X
and options (though over 1120 and those will go bye bye and will
re-look at 1130 again)...
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well, why would you short into it then if you had that as a scenario, not to good risk management I would say, but you keep shorting and wishing the market down, it's your account..
marketguy
Posted by vdonato on 12th of Sep 2010 at 08:00 pm
never said I was betting
Posted by marketguy on 12th of Sep 2010 at 08:06 pm
never said I was betting the farm did I (I'm only human and even though I can see higher I still don't like being short term wrong)? If you've been reading my posts my main targets have been 1116-1118 then 1130 then 1140....I'll average up to that point and then above 1150 will most likely bail....I've only been using 1-2X leveraged etfs and just Friday started with some 3X and options (though over 1120 and those will go bye bye and will re-look at 1130 again)...