simple guy Posted March 12, 2003 Report Share Posted March 12, 2003 SG was in client meetings til after 4pm Noted the hysterical spike jam, did Bin get captured? At any rate... 24.25 was still a leftover option... and I covered 50% of my shorts a few days ago at the close at 23.98.... so I gots lots of powder to add to shorts. Risk management at its best... My targets have not changed... Link to comment Share on other sites More sharing options...
SupplySider Posted March 12, 2003 Report Share Posted March 12, 2003 I thought today's IDS was above-average congratulatory bearish. So, I'm not particularly surprised that Mr. Market backhanded the euphoria. Of course, the day will come when Mr. Market backhands the megabulls. But, methinks most won't much care when that happens. Link to comment Share on other sites More sharing options...
anotherone Posted March 12, 2003 Report Share Posted March 12, 2003 if you are bearish you have to be encouraged about closing on the highs ( cash) Don't know how closing on the highs is bearish. Despite tomorrow's negative astro, it looks like some follow thorugh is likely. Link to comment Share on other sites More sharing options...
Goldmember Posted March 12, 2003 Report Share Posted March 12, 2003 I recall Doc mentioning a while back that if one finds himself on the wrong side of a trade, it can sometimes be rewarding to wait for the NEXT cycle out to get one out of the losing position, if one has the patience and intestinal fortitude to grin and bear it while waiting. In my case, this may just save my ass having waited for this potential turn. What does it boil down to? "I'm back in the game Mortimer!" Link to comment Share on other sites More sharing options...
ThorAss Posted March 12, 2003 Report Share Posted March 12, 2003 if you are bearish you have to be encouraged about closing on the highs ( cash) Don't know how closing on the highs is bearish. Despite tomorrow's negative astro, it looks like some fellow thorugh is likely. Ah yes my great great grandfather ThorUgh! But likely what? Link to comment Share on other sites More sharing options...
Guest Posted March 13, 2003 Report Share Posted March 13, 2003 CBOE PCR 3:00 PM CST PCR and Change from Open Equity 0.71 -15% Index 1.27 16% Overall 0.88 -3% Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.