Wednesday, September 12, 2012

All-in short..

All systems are going 100% short today. I will be taking a sizable short position on the close, and will add to it tomorrow if the bullish FOMC day tendency plays out.

Thanks and good luck to us!
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11 comments:

  1. RealMoneyIssuesSeptember 12, 2012 at 3:53 PM

    I hope this possible down turn has some meat... shorting has been weak recently...

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    Replies
    1. JamesSeptember 12, 2012 at 7:13 PM

      No doubt about that. Up until recently, liquidity has been strong. No longer. POMO flows are negative now and will remain either negative or neutral for the next 1-2 weeks. Sometimes there is a 3-4 day delay, but a pullback is coming. I just hope we don't go to the moon before it arrives.

      Delete
  2. BradSeptember 12, 2012 at 3:54 PM

    Only have half the buying power i'd like for this move but i'll be using it to go short! thanks for the updates and gl on the position

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  3. johnSeptember 12, 2012 at 4:36 PM

    thanks

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  4. JKHSeptember 12, 2012 at 10:16 PM

    Putting on more shorts on the open tomorrow, and above today's HOD... We've got time to get in on this one.

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  5. RealMoneyIssuesSeptember 13, 2012 at 12:42 PM

    uh, WOW... QE3

    I hope this is a short term pop...

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  6. JustinSeptember 13, 2012 at 1:54 PM

    Smoked. Indicators might be technically right.. but news destroys technical indicators.

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  7. J-TraderSeptember 13, 2012 at 2:49 PM

    Smoked is right...

    ReplyDelete
  8. AlgyrosSeptember 13, 2012 at 3:02 PM

    Smoking is very bad for your health.

    ReplyDelete

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