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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (9900)1/30/2009 4:12:29 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 41419
 
Don't really follow but I'm guessing you want to short at some pt? Gap should get filled in this market, but will it go higher first? I think I'd favor shorting closer to 65 if seen. Seems like an even bet risk/reward wise ST on the surface so I'll play elsewhere.

I favor shorting the CRE sector on any bounces.

I wish I were better at shorting, but over the years I've learned I'm far better on the long side so these days I play short more selectively and sit in heavy cash often.

Hope you're doing well.



To: Galirayo who wrote (9900)1/30/2009 10:02:12 PM
From: jaker  Respond to of 41419
 
AMZN up 17% 1 day, was watching it base before earnings... Got a whole earning run after the earnings ... I suspect it shot a pretty big wad... probably needs a rest...