7 replies to this topic

[NAV]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me. Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

[thespookyone]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me.

Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

The suckers are those you think are the pros.
The true "pros" now are the HFT computers.

Edited by thespookyone, 05 May 2011 - 11:49 PM.

[CallMeIshmael]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me.

Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

The suckers are those you think are the pros.
The true "pros" now are the HFT computers.

Am I reading this right? Are you saying the suckers are the pros on this board? I think most of them are bullish. Arge they going to get gored?

[NAV]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me.

Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

The suckers are those you think are the pros.
The true "pros" now are the HFT computers.

I will have to agree there

[thespookyone]

"Am I reading this right? Are you saying the suckers are the pros on this board? I think most of them are bullish. Arge they going to get gored? " No. I'm saying that fine institutional and many high level traders are no match for HFT-and they'd be the first to admit it. That said, I sure don't see "most of them bullish" here.

[diogenes227]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me.

Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

"If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy."
— Warren Buffett

[slupert]

I have a daily sell on SPX. So any rallies here will be shorting opportunities to me.

Sudden death from top, Shock-and-awe type rallies from bottom - this has become the story of SPX. No topping process. No bottoming process. The pro selling to the dentists and shoe-shine boys era is over. Now it's the pros cutting each other's throats. They all enter at once in a coordinated move and exit out in a coordinated move. I wonder who the suckers are ?

\
couldn't agree more been selling in the premarket and will dump rest of longs on gap up. Reaction to today's number way overdone. (JMHO)

[vitaminm]

I have a daily sell on SPX....................... stop?