For whatever reason the markets are falling, Asia is falling
fast. I just bagged 655 pts on the short side on the HK
index. Japan 225 index also selling off hard! Got short
Jan 09 oil @ 47.40. covered @ 45 70. Good night
all!
Posted by racerick on 12th of Dec 2008 at 12:10 am
LOL vmath, prob more like lack of good sense. But 400pip move
pretty drastic. Had to bounce sometime. The head fakes can kill you
though if you're not nimble.
Long 20 emini contracts at 833. Fortunately was short earlier
today so playing w/ profits. Have stop at new low below 829
Posted by dodgerdog on 11th of Dec 2008 at 11:47 pm
The catalyst was the FAILED AUTO BAILOUT - nice to see some
Senator's make REAL DEMANDS for once.
Anyway, I have WARNED everyone about playing the long side
(unless very nimble) in this brutal market. We'll have to see
if the market can recover tomorrow or begin another leg back down
to test our lows.
Hong Kong
Posted by vmath on 11th of Dec 2008 at 11:42 pm
For whatever reason the markets are falling, Asia is falling fast. I just bagged 655 pts on the short side on the HK index. Japan 225 index also selling off hard! Got short Jan 09 oil @ 47.40. covered @ 45 70. Good night all!
Nice trades vmath
Posted by racerick on 11th of Dec 2008 at 11:52 pm
racerick- right back at ya!
Posted by vmath on 11th of Dec 2008 at 11:56 pm
racerick- right back at ya! Nice trades on currency! You gotta have nerves of steel!
LOL vmath, prob more like
Posted by racerick on 12th of Dec 2008 at 12:10 am
LOL vmath, prob more like lack of good sense. But 400pip move pretty drastic. Had to bounce sometime. The head fakes can kill you though if you're not nimble.
Long 20 emini contracts at 833. Fortunately was short earlier today so playing w/ profits. Have stop at new low below 829
Currency
Posted by vmath on 12th of Dec 2008 at 12:15 am
racerick-Astounding moves in currency. Nothing like I can ever recall in my lifetime. All the best with the emini.
The catalyst was the FAILED
Posted by dodgerdog on 11th of Dec 2008 at 11:47 pm
The catalyst was the FAILED AUTO BAILOUT - nice to see some Senator's make REAL DEMANDS for once.
Anyway, I have WARNED everyone about playing the long side (unless very nimble) in this brutal market. We'll have to see if the market can recover tomorrow or begin another leg back down to test our lows.
dodgerdog
Posted by vmath on 12th of Dec 2008 at 12:05 am
Really appreciate your insistence on not becoming complacent! You got through to me and it sure served me well! Thanks!!