fwiw, I took a short options position late yesterday and closed
it very profitably today.
You not only need to know whether some one is long or short but
also their time horizon.
If I had been fast enough, I would have gone long at 1067 and
closed at the end of day for another nice little trade.
Long or short, I think you have to have iron guts to hold
overnight right now! As for tops, I think Wed's 1184 top may have
been all she wrote. but i need a lot more info and confirmations
which just are not there yet before I bet the farm and hold for
several days or weeks.
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agree Matt, maybe it just seems like more cause he posts 50 times a night...
Another hit on the chin for those who continually want to short this uptrend
Posted by vdonato on 14th of Oct 2010 at 04:15 pm
Keep up the good work, love the new additions to the website..
I was short
Posted by perthx on 14th of Oct 2010 at 05:12 pm
fwiw, I took a short options position late yesterday and closed it very profitably today.
You not only need to know whether some one is long or short but also their time horizon.
If I had been fast enough, I would have gone long at 1067 and closed at the end of day for another nice little trade.
Long or short, I think you have to have iron guts to hold overnight right now! As for tops, I think Wed's 1184 top may have been all she wrote. but i need a lot more info and confirmations which just are not there yet before I bet the farm and hold for several days or weeks.