Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (5602)	2/28/2005 8:46:32 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 8752

Hi Vendit. Let me introduce myself this way: Message 14438896 This was a paper trade contest, a while back, here on SI. Contestants would start with 100k of account. They would then trade the SP00 based on the e-mini chart. The summary listed there was after 14 days for me. 100k to 1.75 million .. in 14 days. Crashed and burned later .. when you're hot you're hot .. The real time trades got posted here: Subject 31405 In case anyone wants to double check date/time stuff. Your clocks remind me of my 90 lb Pit Bull ..

To: Vendit™ who wrote (5602)	2/28/2005 9:53:53 PM
From: Walkingshadow	Read Replies (1) \| Respond to 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