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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (77948)11/29/2007 9:56:14 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Short all the way to infinity? -g-

No, it only looks that way... here's the method to my madness... 1479.55 was the breaking point for the up trend a few weeks ago... I was hoping to get short at 81 during the day, but it never got up there, it only got to 77, so I took a short at 75... but when it rallied tonight, I had my break even stop in place at was stopped out only to fill my limit order at 81 after all... so, now I'm happy I finally have my 81... we will either move lower from here or I'm going to get stopped out again, but I will not take another short after this one, I'll only wait for a buy signal which will eventually appear, this market will not go up without me, but for the meantime we're still in a bear bounce until I get a buy signal to confirm the bottom is already in place...<g>

GZ