Monday, October 20, 2008

shorted at 959

stop at 964
target same

18 comments by xTrenders :

coption said...

it tries to touch 970 once again... don't you think 971 is a better stop?

apconcen said...

good luck

Ofer said...

this is one hellish risk/reward! like those odds, wonder how often they work , though..

Lawrence Chiu said...

Sol, is your target for today or several days out?

Thank you

Greenie said...

Is Atilla also shorting?

streetguy said...

please read all comments.

Sol said its a day trade.

admin said...

Lawrence Chiu said...

Sol, is your target for today or several days out?

Thank you

Monday, October 20, 2008 12:08:00 PM EDT
--------------------
several days

Vader711 said...

The high spy is 97 and the low at 11am was 94.3 or
2.7 points. A 62 percent retrace would be 96 SPY.
So a stop should at least be above this level. IMHO

admin said...

Greenie said...

Is Atilla also shorting?

Monday, October 20, 2008 12:08:00 PM EDT
-------------------
I don't know.

streetguy said...

oops..sorie. spoke too soon

coption said...

Greenie said...

Is Atilla also shorting?

Monday, October 20, 2008 12:08:00 PM EDT
-------------------
I don't know.

==============================
you guys not in the same office?

admin said...

Blogger coption said...

Greenie said...

Is Atilla also shorting?

Monday, October 20, 2008 12:08:00 PM EDT
-------------------
I don't know.

==============================
you guys not in the same office?

Monday, October 20, 2008 12:14:00 PM EDT
--------------------

No I trade from home. I used to work for him.

coption said...

i am trying 965, stop 971

streetguy said...

Sol is more of a day trader.

He posts trades real time before the unfortunate accident.

Atilla gives his views only, he doesn't really post trades here. Only when Sol was out of action did Atilla take over.

angus said...

Many people are short with stops at or slightly above 970. I think that level will be challenged and a run towards 988 is possible. 980ish might be a good short for a quicky if they get there.

Lawrence Chiu said...

Does that mean Atilla won't post anymore now that Sol is back?

coption said...

low stop to 960.75 for 4pts gain.

Vineet said...

Atilla seems to be missing in action. No more posts from the maestro?