Is this guy a shortseller in a "bull" market?
posted by bhf on 1 months ago
Think they are hoping for a decline next week.
posted by Dedandgone on 1 months ago
Looks like the shorts are going to hang in for the weekend?
posted by OptionsMon on 1 months ago
KC Masterpiece all over the bears.
posted by gintice on 1 months ago
ouch!
posted by Dedandgone on 1 months ago
:)
posted by OptionsMon on 1 months ago
Oh the pain it must be to still be short with half an hour to go of this. We'll see more
capitulation I think...
Last edited on: 07-13-2007 03:27 pm
posted by Dedandgone on 1 months ago
Yes, it had a quiet day and then woke up!
posted by OptionsMon on 1 months ago
My god BIDU is on roids.
posted by smalt4 on 1 months ago
NASTY! But I have no sympathy for the bull runners....stupid. Almost as bad a bull
fighters, and don't the bulls die in the end of running too?
posted by OptionsMon on 1 months ago
That 1540 resistance level on the S&P over the past 2 months was a "chartological
manifestation" (I'll have to trademark that) of a large short position. It was breached
and will be backtested. As long as the bulls keep running, the shorts will keep covering
and the breakout will continue. If it plays out, it will be a typical rectangular-trading
pattern breakout, and it will be strong.
The Nasdaq broke out days before the S&P, and the Nasdaq lead the rally. The test is if
the S&P can follow through. If the S&P keeps horning through the bears and making new
highs, the Nasdaq will follow and it is going to be damn brutal to shorts.
Last edited on: 07-13-2007 03:22 pm
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