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


To: fred woodall who wrote (88911)7/20/2009 2:54:12 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I don't think it will sell off big, but I did take a short at 944.00 for the meantime as a hedge against my long positions, which I plan to hold also...

GZ



To: fred woodall who wrote (88911)7/20/2009 3:10:48 PM
From: GROUND ZERO™  Respond to of 94695
 
Stopped out at 944.00, still long my core positions, I'll wait for the close and see if we get a confirmation before I short again...

GZ



To: fred woodall who wrote (88911)7/20/2009 8:26:53 PM
From: GROUND ZERO™  Respond to of 94695
 
We have that confirmed sell signal today on the close, but if we blow through 949.60 tomorrow, we'll immediately have a buy signal... so this sell signal needs the market to sell off very quickly or we'll end up going long just as quickly...

GZ