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Thursday, October 23, 2008
Long ESz & SPz at 910
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Dare to short this?
Congestion between 1050 - 850 continues ...
Collapse of Market Fundamentalism
Example to a parabolic curve
S&P500 may drop additional 20 - 25% next week
Sold ES at 873 - 875
Long ESz & SPz at 910
This is where any IT rally will end
History may not resemble this time.
stopped again
shorted at 959
stopped at 957
shorting ES @ 956.75
Bermuda Triangle?
Was October 10, 2008 the bottom?
Covered ES @ 944
Shorted ES 972
Sold everything at ES 935 level
Fully long
Added 25% ES at 865
Added 25% ES long btw 865-870
long ES @ 876-77
long ES at 875
long ES at 874
covered the last 25% at 880
Covered 25% more around 885
Covered 25% more at 915
Covered 25% ES and SP around 925
4-sigma move is underway
Surprise surprise...no intervention this morning.
Suckers are delaying the inevitable
True bottom will be printed today
short ES at 1041
closed ES long at 1022
added 25% ES @ 1014
added 25% ES long at 1011
Long ES @ 1016
covered last 25% at 1015
covered 25% at 1017.5
covered 50% ES at 1022
Houston, we have a problem.
I think the Market will crater regardless the bill
Added 25% ES short btw 1131-1131.5
Added %25 ES short at 1130.5
Will they let it climax tomorrow?
covered 25% ES at 1126
Short 75%
shorting ES around 1170
Closed 50% ES short at 1145.5
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