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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: penthouse mike who wrote (31602)5/3/2012 6:15:23 PM
From: GROUND ZERO™  Respond to of 218833
 
Mike, I already went short the RUT this morning when I posted that I did, I'm still hold, and I have enough cushion now just in case the market zooms back up... I'm not in the SP right now, just short the RUT and the SOX... yes, I'll hold into the report...

GZ



To: penthouse mike who wrote (31602)5/4/2012 8:29:24 AM
From: GROUND ZERO™  Respond to of 218833
 
I'm still short the RUT and the SOX, but I just took a light long in the SP, just to balance things out just a little, just in case since the model is still officially long...

EDIT: Added a little more after the numbers since we had a big drop, but I plan to dump if we rally or I'll just stay spread for the day, no big deal...

GZ



To: penthouse mike who wrote (31602)5/4/2012 8:48:43 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218833
 
And then quickly dumped those SP's with a manageable loss of $138.00... I guess that was the cost of insurance just in case...

GZ