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

To: Chip McVickar who wrote (89909)8/25/2009 4:10:25 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I dumped levered long positions at noon Yesterday, thanks
to a reminder of expiry drag, which is correct. However,
the market didn't even go down on it, marginally so.
The market is retesting a major breakout,
so, buy the dip. IMHO.

One way street to where? I gather you are bearish?

Technically speaking, the drag should be over today
or early tomorrow, and the market should resume
it's trend, which is UP. I'm just as scared as everyone
else, so I put a portion of capital at risk in a levered way.



To: Chip McVickar who wrote (89909)8/25/2009 6:20:44 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Ah. I see you are bullish again. The dip should end Wednesday morning,
unless the bulls overrun reverse expiry drag earlier.



To: Chip McVickar who wrote (89909)8/25/2009 10:05:34 AM
From: sandeep  Read Replies (1) | Respond to of 94695
 
Seems to be a oneway street to new highs? This must be the top :-)


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