Comments on: Wednesday’s Trading – 11/18/09

By: George

George — Thu, 19 Nov 2009 04:38:19 +0000

I’m relieved. At 6’4″ you take up a lot of space. And I know you’ll eat my bag of peanuts they hand out if you’re close by.

By: 2thfixr

2thfixr — Thu, 19 Nov 2009 04:32:44 +0000

You guys are toooooo funny. Thanks for the laughs.

By: K

Thu, 19 Nov 2009 04:23:16 +0000

George,
Do not worry I don’t need much room. she meant she paired us up together so we can share stories that will close the generational gap and will make me a scary scalper. haha

My guy TED will be on my right shoulder while evil VIX will be on my left.

By: George

George — Thu, 19 Nov 2009 04:19:59 +0000

After,

A disclaimer: I don’t have a problem being short because I play both sides of the market. So if I have something as a core position, I “defend” it by playing its twin on corrections or nice rebounds. I don’t know if there is a twin to VXX unless it is the underlying.

For SDS, I get into SSO to defend it. Last year I was in SKF and had a drawdown. No problem because I played the corrections it made and it eventually went back up with me having a free trade.

By: George

George — Thu, 19 Nov 2009 04:15:29 +0000

After,

I’m trading the inverse (like SDS) but I don’t have a core position. I will as soon as the flip comes. I don’t have any problem establishing an inverse position here, but that’s me.

That VXX looks mean – and juicy. I’d be waiting on a setup because it wll be one of Matt’s springs that boings up like a Jack-In-The-Box (not the burgers).

By: George

George — Thu, 19 Nov 2009 04:10:41 +0000

Julie,

As long as K doesn’t sit on my lap. ALL ABOARD! The bus is leaving the terminal.

By: 2thfixr

2thfixr — Thu, 19 Nov 2009 04:10:35 +0000

K, way to not disappoint! I saw the jump in the TED and was surprised you had not posted anything on it before my triple play above! Glad to see you are caught up!

I hear you string on the cold calling gold brokers. Another sign of the top getting in sight.

By: K

Thu, 19 Nov 2009 01:49:36 +0000

ok final for the night is 8.46%. we just need another 4% move for me to go in.

By: K

Thu, 19 Nov 2009 00:50:24 +0000

the time has come to get another 10-20% short team. 0.25 has been reached. and MA’s are finally below us acting as support for the TED

By: K

Thu, 19 Nov 2009 00:49:07 +0000

did I say watch the TED??? well

http://stockcharts.com/h-sc/ui?s=$TED&p=D&b=5&g=0&id=p20531334594

up 10+% today!!!