3309 Drysdale Ct
Edwardsville, IL 62025
are you short the spy? i bought some vxx calls.
i feel for you. been there done that.
been there done that too few years back, but on margin, that was ugly
for the SPX from several other sources. Not that far away. Wouldn't be surprised to see it pop up there and then start to drop hard. So many indicators so overbought this is crazy!!
Watch semiconductors; weak on the day (off 0.4%).
Also $NDX is just 0.4% off decade highs.
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well 1250 SPX targe t hit from the inverse h&s pattern this summer...probably a chance in hell of holding but there it is...
Posted by marketguy on 20th of Dec 2010 at 02:18 pm
are you short the spy?
Posted by breaktom on 20th of Dec 2010 at 02:34 pm
are you short the spy? i bought some vxx calls.
have been short everything including the kitchen sink...sad thing is this is the point I shouldve waited for...I did jist buy some more but uncomfortable due to all the losses that have piled up
Posted by marketguy on 20th of Dec 2010 at 02:37 pm
i feel for you. been
Posted by breaktom on 20th of Dec 2010 at 02:44 pm
i feel for you. been there done that.
spx - market short
Posted by hazbin1 on 20th of Dec 2010 at 02:46 pm
been there done that too few years back, but on margin, that was ugly
Dont think the Dow has hit its target yet?
Posted by kobie on 20th of Dec 2010 at 02:49 pm
just concerned with SPX...Qs could hit 55 and IWM 79 or maybe even 80 if the SPX gets to perthxs target
Posted by marketguy on 20th of Dec 2010 at 02:55 pm
thanks....own damn fault....now just have to hope that im right about the inverse h&s being the top...had the first part right but was too stupid to follow it (and was listening to too many others...n
Posted by marketguy on 20th of Dec 2010 at 02:49 pm
probably a good place to take profits on longs
Posted by kobie on 20th of Dec 2010 at 02:36 pm
target is 1261-1262
Posted by perthx on 20th of Dec 2010 at 02:39 pm
for the SPX from several other sources. Not that far away. Wouldn't be surprised to see it pop up there and then start to drop hard. So many indicators so overbought this is crazy!!
Watch semiconductors; weak on the
Posted by kalinm on 20th of Dec 2010 at 02:22 pm
Watch semiconductors; weak on the day (off 0.4%).
Also $NDX is just 0.4% off decade highs.