Further Picking

I am further picking away at my shorts.

13 comments:

nicasurfer said...

what just happenned with the dollar?

Anonymous said...

What ObaMAO limiting bank prop trading?

This is a direct broadside shelling to GS.

LMFAOBAMA

Anonymous said...

Sold other 1/2 of EDZ @ 5.19

OL DAWG

Anonymous said...

??????

I'm not not sure why or where you see all this rock solid support around 1115 ...I see support around 1091. I think all you guys covered your shorts too early.

Tsachy Mishal said...

That is where we gapped up from to start the year. That would be a gap fill.

Anonymous said...

Agreed, too early to cover.

Wait a second... every time I've thought that over the past 3 months I was wrong and we went straight to new highs.

Maybe cover just a little...

JD

Anonymous said...

I hear what your saying but because we gave back all the gains for this year, you would have to surmize we go lower not higher from here... hence a continued sell off into next week.

Tsachy Mishal said...

I am still short, just not as short anymore. I think we will go lower but it wont necessarily be in a straight line.

Anonymous said...

This dawg sees support at 1115 and a mkt that's short term oversold not just here but in China too.

I could be wrong, but I got short at the top so I feel I got the meat of the move, and when you're sitting on a good gain, always good to take profits.

I'm looking to get long shit now...

Anonymous said...

Fair enough. I am not a day trader. If I were I guess I'd take some profit and maybe even try to play for a bounce off these levels also. But I still think this selling is not done yet.

Anonymous said...

HFT's are day trading. Why should we not?

the only thign the mkt has shown me in my 10 years of trading is that stocks for the long run is for suckers.

That's what this Jeremy Seigel told me in my finance class, and I know that he's been wrong.

Anonymous said...

What is the story behind the little banks??

They are all off da hizzay.

I wish I still had some of my little banks.

Some of them are up four fold.

Is it because of Obama punishing handcuffing big banks therefore market thinking littlebanks will get more business?

Tsachy Mishal said...

If thats the reason the stocks are up short them. Obama is toothless.