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this is just simple market mechanics to tire the bears, everybody and his brother know that when the line in the sand falls, the bears will throw the towelMajorEasy wrote:the bulls are smart,
they realize the shorts can be squeezed out here.....
let see how this developes
i'm still a short idiot...biotrader wrote:just went shortrupert wrote:I'm afraid to say it but I've closed out my short position
It had reached max pain for me. It'll probably crash tomorrow now. Gutted by the strength of this rally.
yep this is one of my biggest tells that is saying risk OFF. copper + crude are second.... but yet we climbCobra wrote:here's another picture that I have a doubt about bulls. AUDJPY is way too weak.
That makes 2 of us....qtipped wrote:i'm still a short idiot...biotrader wrote:just went shortrupert wrote:I'm afraid to say it but I've closed out my short position
It had reached max pain for me. It'll probably crash tomorrow now. Gutted by the strength of this rally.
3Be4chst wrote:That makes 2 of us....qtipped wrote:i'm still a short idiot...biotrader wrote:just went shortrupert wrote:I'm afraid to say it but I've closed out my short position
It had reached max pain for me. It'll probably crash tomorrow now. Gutted by the strength of this rally.
agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.
4, I shall say.agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.
IMHO the bonds dont cut it right now, could get more ugly for longs:heavenskrow wrote:thats why im long bonds instead of going short....agnosia wrote:not trusting this rally. most of the risk trades are down : crude, copper, aud/jpy.. one plus is vix down and euro up.. but then there is bonds up which is risk off..
mixed signals to say the least
yes, join the short idiots club... you will not be rewarded and feel like you've been qtipped!Cobra wrote:agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.
5Cobra wrote:4, I shall say.agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.
proud owner of a very painful averaged down 80 puts on SPY...Cobra wrote:4, I shall say.agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.
Thanks lot.Cobra wrote:this kind of consolidation means another push up is more likely.
Well we are just the 1st batch of shorts closing. Unless the market gets what it wants (greek default confirmed) then I suspect they will keep setting bear traps. So even if down tomorrow they'll reverse. Unless of course the all important news comes through.agnosia wrote:ok guys seeing a lot of shorts capitulate a so i will try to put on a new short here around these levels... sorry to hear about it though guys.