Ask Vendit Off-Topic Questions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vendit™ who wrote (5602)	2/28/2005 9:53:53 PM
From: Walkingshadow	Read Replies (1) of 8752

Yes, now it works.... cute little alarm clocks! I think you need six or seven more, just to make sure you don't oversleep. <gggg> << A good call on the market today btw. >>> I think you said it pretty good on your post earlier, and you've said it before: this market wants to go down, and it might waver and head-fake here and there, but in the end it just won't take no for an answer. So rallies will certainly occur, but will be short-lived, and bull traps will abound until this correction has run its course. Message 21089198 So... with that in mind, personally I am short QQQQ and will just hold the position, even in the face of periodic relief rallies. I think the lesson we are learning here is that it is just too risky to try to time relief rallies with any precision, and trying to do so incurs significant risk. This is analagous to the situation where a market is in an outright long-term downtrend. Long positions in short-term relief rallies are a sucker's game because the volatilities are working against you, and increase the risk of long trades to an unacceptable degree. T

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next