tag:blogger.com,1999:blog-5888907630242568925.post2857015603569229984..comments2023-06-05T04:15:43.212-04:00Comments on Money Money Money: So whats going to happen next?chaugnerhttp://www.blogger.com/profile/16378543210029732358noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-5888907630242568925.post-84459764323735875922009-10-01T16:49:54.576-04:002009-10-01T16:49:54.576-04:00I held on. But I'm concerned about the contin...I held on. But I'm concerned about the continued drop at EOD. I'm hoping we get a bit of a pop up tomorrow.Unknownhttps://www.blogger.com/profile/00859234497087150169noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-29914700997711752009-10-01T16:14:09.198-04:002009-10-01T16:14:09.198-04:00yeah I agree ... lets see what we do here tomorrow...yeah I agree ... lets see what we do here tomorrow before the open with jobs data.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-64299458830111795942009-10-01T16:13:24.043-04:002009-10-01T16:13:24.043-04:00I hear that 1020 is the next stop. maybe tomorrow ...I hear that 1020 is the next stop. maybe tomorrow am and then get ready to go long for a short bounce.samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-83739594398053034332009-10-01T16:01:27.167-04:002009-10-01T16:01:27.167-04:00I was net short since yesterday, but still only wi...I was net short since yesterday, but still only with very little of my capital. About 25% like yourself. Been screwed TOO many times during this rally. I will continue to add short VERY carefully....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-23775766520296660272009-10-01T15:58:14.613-04:002009-10-01T15:58:14.613-04:00so how did everyone make out today? I hope you all...so how did everyone make out today? I hope you all had great gains and were able to lock in some profits.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-5255882755025784112009-10-01T15:56:20.075-04:002009-10-01T15:56:20.075-04:00oh yeah ... days like this are really painful to l...oh yeah ... days like this are really painful to look at for most bears. You have a big drop overnight, another drop in the first 15-30 minutes, then just a super narrow range for remainder of the day.<br /><br />Unless you were short from yesterday, nothing to be had here - just beautiful to look at. Considering I have been waiting for the drop for a WHILE and only being invested <25% short at this point. Its painful.<br /><br />Well - I made some money today, thats all that matters, just wish I'd be using more buying power - and wish I had been a bit more patient yesterday.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-36456534679832804002009-10-01T15:53:45.360-04:002009-10-01T15:53:45.360-04:00Haven't seen the market take a dump at EOD for...Haven't seen the market take a dump at EOD for a long time now...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-52125270879823154912009-10-01T15:23:28.787-04:002009-10-01T15:23:28.787-04:00do you remember from a few weeks ago ... I think m...do you remember from a few weeks ago ... I think mid august I was talking about the importance of 1014 ... I am looking for this to get to 1014-1018 first.<br /><br />This will give us a chance to go long, and add LOTS of shorts once we get back to 1040. And I mean lots of shorts there .....chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-61170389382586545382009-10-01T15:02:48.461-04:002009-10-01T15:02:48.461-04:00Looks like a close at LOD. am flat now. 1020 in th...Looks like a close at LOD. am flat now. 1020 in the cards Chris her?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-63275472158537288382009-10-01T12:59:20.338-04:002009-10-01T12:59:20.338-04:00everyone was looking for 1040 break. we hope this ...everyone was looking for 1040 break. we hope this si not a repeat of break of H&S neckline to see another 100 spx point up. we will never know but now many technical confirmation are in place.samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-43880744315443121552009-10-01T12:19:13.203-04:002009-10-01T12:19:13.203-04:00well lets see. It should at least get back 5 point...well lets see. It should at least get back 5 points. After that we have to see if we continue to sell off hard or stay flat.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-46999463235764642392009-10-01T12:18:09.030-04:002009-10-01T12:18:09.030-04:00Chris that is the spirit -- 400 to go. I like it. ...Chris that is the spirit -- 400 to go. I like it. you expect about 50% retrace here? 1044? 1050?samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-8155714414556919372009-10-01T11:51:04.385-04:002009-10-01T11:51:04.385-04:00yeap - I got stopped out earlier but tried again a...yeap - I got stopped out earlier but tried again a second time @ 1032.25.<br /><br />Just want to be prepared for the dip buyer crazyness ... if I get stopped out YAY for me as my long term puts will take care of the rest. Those took quite a bit swing in the past few days. Nice to see something working at least.<br /><br />Wish I had kept my puts yesterday (yeah not beating myself up). Most of them are up 60+% from yesterday exit price.<br /><br />We will get them again - its only 20 points with another 400 to come.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-15623717090986111492009-10-01T11:48:21.574-04:002009-10-01T11:48:21.574-04:00I'm in SSO as well, let's hope it works ou...I'm in SSO as well, let's hope it works out for us. Hopefully we'll get a bounce and not just keep grinding lower.Unknownhttps://www.blogger.com/profile/00859234497087150169noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-23807645615721079012009-10-01T11:39:09.118-04:002009-10-01T11:39:09.118-04:00where's the next support after 1040?where's the next support after 1040?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-50347521674356443882009-10-01T11:22:12.914-04:002009-10-01T11:22:12.914-04:00just took a decent size long position here @ ES 10...just took a decent size long position here @ ES 1034 with a very tight stop. I will move stop to break even once we get a bit higher.<br /><br />Lets see how it plays out. The perfect plan of course would be using this as insurance to continue to scale into shorts if we go higher.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.com