I'm going to short the SPY at the closing ( buy SDS or BGZ )
from the chart pattern, it sounds the market would be strong in the future, but I don't think so because of the holidays light volume. In a very short term, SP500 has rised for more than 7%. it is very possible that some one would take profit.
原帖由 青春豆 于 2009-1-2 15:57 发表 bought BGZ @ 53.08 ( 50% non margin power )
sold @56.35 before closing.
still not sure where the market will go. I bought BGZ last week, just because I felt it was not that strong after SP500 jump 27 points and did not think it is weak neither.
原帖由 青春豆 于 2009-1-7 16:06 发表 if tomorrow the market drop "big" ( SP500 drop 15+ ) I may long SPY.
I change my mind. I will short the SP500 with 1/4 non margine power when the morning gap filled and short another 1/4 power at closing if the market up more than 10 points.
原帖由 青春豆 于 2009-1-8 10:49 发表 bought BGZ @56.50 ( 1/4 of non margin power )
sold @ 59.50. I think the low of the SP500 next week will be lower than today's closing. but only 55% sure. I'm going on vacation next week, better to keep cash on hand.
bought BGU just before closing @25.90 ( 50% non-margin power). expect a small rebounce but don't think the market bottoming now. will sell them very soon.
原帖由 青春豆 于 2009-1-20 15:56 发表
bought BGU just before closing @25.90 ( 50% non-margin power). expect a small rebounce but don't think the market bottoming now. will sell them very soon.
原帖由 青春豆 于 2009-1-20 15:56 发表 bought BGU just before closing @25.90 ( 50% non-margin power). expect a small rebounce but don't think the market bottoming now. will sell them very soon.