Tuesday, October 6, 2009

Shorting into this rally at S&P 1053

stop above recent highs (about 2% above) - this is a swing short
Posted by The Honest Trader at 9:47 AM

8 comments:

  1. The Honest TraderOctober 6, 2009 at 10:05 AM

    this is basically to balance my specific long exposure elsewhere

    ReplyDelete
  2. The Honest TraderOctober 6, 2009 at 3:12 PM

    and we are back to the late day bid magic

    ReplyDelete
  3. The Honest TraderOctober 7, 2009 at 8:53 AM

    also, sold some RINO yesterday for those playing along at home. i still like it and own it but am worried about a overall market pullback

    ReplyDelete
  4. The Honest TraderOctober 7, 2009 at 3:40 PM

    yet again money coming in after 3pm

    this is just like the spring

    ReplyDelete
  5. The Honest TraderOctober 7, 2009 at 4:27 PM

    RINO filed a mixed shelf after hours

    ReplyDelete
  6. The Honest TraderOctober 8, 2009 at 10:51 AM

    still in the short but hasn't played out to well as all i have done is hedge my gains away... but still in the wing short so we will see

    however, feels like the bulls will again take us to new 09 highs

    ReplyDelete
  7. The Honest TraderOctober 8, 2009 at 10:55 AM

    dollar just keeps getting ripped and the equity markets can't get enough - at some point it will matter to the US markets

    ReplyDelete
  8. The Honest TraderOctober 12, 2009 at 8:12 AM

    well we are gapping up right around my stop will see what happens early but prepared to cover and then look to reshort when the momo slows down

    right now i think shorts are so burned they just keep covering on top of themselves.

    ReplyDelete

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