Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (48174)	4/3/2013 10:08:51 AM
From: Blasher	Read Replies (3) of 221566

Downer = a position that Profits from a move Down in price of the stated equity. For instance, as I predicted in my post ... I bought QQQ Put options when QQQ failed to break 69.20 and reversed Down. I'm holding about 10% in Profits and waiting to Bank or Add. Since there are so many ways to profit from a Directional move (Up or Down), I just call them Uppers or Downers and each person can decide if they want to use the stock or options or ETFs (including inverse). People mistakenly use the words "long" and "short" to denote direction of profit .. when they don't.

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