- This topic has 75 replies, 7 voices, and was last updated 15 years, 8 months ago by Arraya.
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October 9, 2008 at 8:54 AM #284249October 9, 2008 at 9:14 AM #284296peterbParticipant
I am deep in the shorts and puts world this week and loving it. But it’s mostly play for me as I’ve dedicated my positions to what I think is most probable for the next 6 months. Gold and US$. But if gold goes over $1000, I’ll be looking to sell. Keep in mind, gold is doing very well in real terms. But, so is the US$.
Having said that, I think tomorrow could be a waterfall event and then next week we get the retracement that the charts are so strongly forecasting. Tomorrow is the Lehman CDS thing and it’s a Friday. And nobody holds over the weekend anymore.
October 9, 2008 at 9:14 AM #284279peterbParticipantI am deep in the shorts and puts world this week and loving it. But it’s mostly play for me as I’ve dedicated my positions to what I think is most probable for the next 6 months. Gold and US$. But if gold goes over $1000, I’ll be looking to sell. Keep in mind, gold is doing very well in real terms. But, so is the US$.
Having said that, I think tomorrow could be a waterfall event and then next week we get the retracement that the charts are so strongly forecasting. Tomorrow is the Lehman CDS thing and it’s a Friday. And nobody holds over the weekend anymore.
October 9, 2008 at 9:14 AM #284253peterbParticipantI am deep in the shorts and puts world this week and loving it. But it’s mostly play for me as I’ve dedicated my positions to what I think is most probable for the next 6 months. Gold and US$. But if gold goes over $1000, I’ll be looking to sell. Keep in mind, gold is doing very well in real terms. But, so is the US$.
Having said that, I think tomorrow could be a waterfall event and then next week we get the retracement that the charts are so strongly forecasting. Tomorrow is the Lehman CDS thing and it’s a Friday. And nobody holds over the weekend anymore.
October 9, 2008 at 9:14 AM #283965peterbParticipantI am deep in the shorts and puts world this week and loving it. But it’s mostly play for me as I’ve dedicated my positions to what I think is most probable for the next 6 months. Gold and US$. But if gold goes over $1000, I’ll be looking to sell. Keep in mind, gold is doing very well in real terms. But, so is the US$.
Having said that, I think tomorrow could be a waterfall event and then next week we get the retracement that the charts are so strongly forecasting. Tomorrow is the Lehman CDS thing and it’s a Friday. And nobody holds over the weekend anymore.
October 9, 2008 at 9:14 AM #284307peterbParticipantI am deep in the shorts and puts world this week and loving it. But it’s mostly play for me as I’ve dedicated my positions to what I think is most probable for the next 6 months. Gold and US$. But if gold goes over $1000, I’ll be looking to sell. Keep in mind, gold is doing very well in real terms. But, so is the US$.
Having said that, I think tomorrow could be a waterfall event and then next week we get the retracement that the charts are so strongly forecasting. Tomorrow is the Lehman CDS thing and it’s a Friday. And nobody holds over the weekend anymore.
October 9, 2008 at 12:18 PM #284338CoronitaParticipant[quote=stockstradr]Gold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)[/quote]
Down 300 points today. Ouch.
October 9, 2008 at 12:18 PM #284363CoronitaParticipant[quote=stockstradr]Gold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)[/quote]
Down 300 points today. Ouch.
October 9, 2008 at 12:18 PM #284380CoronitaParticipant[quote=stockstradr]Gold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)[/quote]
Down 300 points today. Ouch.
October 9, 2008 at 12:18 PM #284392CoronitaParticipant[quote=stockstradr]Gold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)[/quote]
Down 300 points today. Ouch.
October 9, 2008 at 12:18 PM #284052CoronitaParticipant[quote=stockstradr]Gold falling this morning.
No surprise.
Right on schedule.What I am surprised by is that stock markets only had only a couple % of rally in ’em this morning. Then markets dropped back. Come on. Pathetic.
But I haven’t given up on the idea that short-term, we’re within 5% of the bottom (stocks that is)[/quote]
Down 300 points today. Ouch.
October 9, 2008 at 12:22 PM #284057peterbParticipantI think reality of the Lehman domino effect just got into the market. Ouch. Long is not a place to be now. I thought tomorrow would be bad….
October 9, 2008 at 12:22 PM #284343peterbParticipantI think reality of the Lehman domino effect just got into the market. Ouch. Long is not a place to be now. I thought tomorrow would be bad….
October 9, 2008 at 12:22 PM #284368peterbParticipantI think reality of the Lehman domino effect just got into the market. Ouch. Long is not a place to be now. I thought tomorrow would be bad….
October 9, 2008 at 12:22 PM #284397peterbParticipantI think reality of the Lehman domino effect just got into the market. Ouch. Long is not a place to be now. I thought tomorrow would be bad….
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