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[Investments] Topic: Going short now |
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pederson16 |
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#1 Posted: 3/3/2011 2:54:12 PM just bought 500 BGZ and 500 TZA....dow at 12,266...already own VIX options and ETFs
really going short now, if 1 thing, just 1 thing goes wrong we could see a 200 pt or more drop just like we saw this pop today, possibly just for tomorrow and/or the weekend
jobs report out tomorrow. hopefully bernake speaks again about inflationary concerns. the world raising interest rates but we aren't...why? b/c our economy can't handle it.... also, still possibility of troubles in Africa. basically hoping and thinking some bad news hits the airwaves in teh next 24-72 hours.
just thought i'd share and see anyone's thoughts on this |
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pederson16 |
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#2 Posted: 3/3/2011 4:11:26 PM interesting article, probably good that i own VIX and VIX options IF and only IF something were to happen
http://www.cnbc.com/id/41890572 |
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be easy |
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#3 Posted: 3/3/2011 4:56:59 PM
goo ruck
how you been Peterman? 
I am still of the opinion that Dow makes a new all time high sometime during Bama's first term. I ought to set a market for it and see what kind of price/action it would get
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pederson16 |
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#4 Posted: 3/3/2011 5:08:49 PM hey beeasy,
been great,. just working my tail off trying to make it happen. i'm in financial sales so it's been a rougher go this past 2 years for sure. i've been trading a lot and been riding ugl agq oil some of the tech stocks and a handful others up but i got out of everything a couple days ago and was just waiting for a pullback...i think we get 5% here in next week or 2, at least I am hoping.
I know i am playing with fire and could cut out at a loss but i think if the market moves hard one way here it's down and down quick.
we'll see
what's good with you? |
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JEFFMARKETCAP |
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#5 Posted: 3/3/2011 8:32:19 PM  I am thinking the same way as you. This market can't go any higher. Too many negatives. When it falls, it will fall hard. |
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JEFFMARKETCAP |
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#6 Posted: 3/3/2011 8:45:17 PM |
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JEFFMARKETCAP |
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#7 Posted: 3/3/2011 8:50:03 PM |
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pederson16 |
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#8 Posted: 3/4/2011 12:16:01 PM  |
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pederson16 |
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#9 Posted: 3/4/2011 12:17:13 PM jmktcap whats up bud?
just keep it simple and short the market as a whole. consumer discretionary is always good to short and technology is the fastest mover, up or down, so short the nasdaq or a tech etf |
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pederson16 |
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#10 Posted: 3/4/2011 12:19:39 PM |
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pederson16 |
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#11 Posted: 3/4/2011 1:42:26 PM sold out of 300 shares of each when dow was around -155- -160 on the day
let the rest ride today and possibly over the weekend |
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pederson16 |
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#12 Posted: 3/14/2011 8:54:15 PM |
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