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Market Timing (ETFs) Forum > Huge rally today.. Will it last?

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MLtrader

Member since: Jan 08
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Posted March 11, 2008 (05:46PM)

What do you think will happen?  from now to the end of the month..  I have some calls on FXI and the SPY.  unloaded half my position today.
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Will Profit

Member since: Mar 07
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Unemployed pearl and sponge diver in south central Texas. This leaves me quite a bit of time for marathon poker games and binge drinking.
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Posted March 12, 2008 (01:08PM)
I believe we are going down. Sold my March puts/calls all for a loss. Got to scared to hold them. Sold April Spy 127 for loss cause It looked to be a loser. Holding April QQQQputs and June XLF puts cause I think they will work. I really believe we are going down big. I like June and beyond for a cushion. I don't think we will get a clue until financials start reporting.
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MLtrader

Member since: Jan 08
5 Day -35.35%
15 Day -40.52%
1 Month -33.18%
3 Month -42.21%
6 Month -41.46%
1 Year -21.07%
As of: 11/20/09
How is this calculated?
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Age: 30's
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Posted March 12, 2008 (06:30PM)
Sold the rest of my calls today for a decent profit.  Will look for a trade tomorrow or Friday.   I think I am looking for a call more than a put.  I guess I will have to see if I can pull the trigger tomorrow.  Guess I will have to wait and see how things play out tomorrow.    
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Will Profit

Member since: Mar 07
Trades Not Shared
Trade Notes 77
Blog Posts 229
Unemployed pearl and sponge diver in south central Texas. This leaves me quite a bit of time for marathon poker games and binge drinking.
Age: 40's
Xerox (which by coincidence is my astrological sign),, The great Republic of Texas UNITED STATES
Will Profit Brokerage Account
Posted March 12, 2008 (11:58PM)
Why would you look for a call? Do you mean a couple months out? We are going down my friend.
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MLtrader

Member since: Jan 08
5 Day -35.35%
15 Day -40.52%
1 Month -33.18%
3 Month -42.21%
6 Month -41.46%
1 Year -21.07%
As of: 11/20/09
How is this calculated?
Trades 508
Trade Notes 2
Blog Posts 2

Age: 30's
MLtrader Brokerage Account
Posted March 13, 2008 (03:49AM)
I think there may be another bounce before the 18th... then i think it will be down from there... just speculating .i could be wrong.