CPIX numbers and Financials

[platsak]

Anyone else think the higher than numbers expected will give financial stocks a knock?

[Big_Bucks]

Yeah! Run for the hills and buy back a day or two later, The usual over-reaction will proberly occur. OMO

[CrownA]

Great - "putting my shorts on" the banks - that are a pun, an I am copyrighting it!

[#4]

Nah... they've had such a bad run recently, they can hardly go down much more...

[schizo]

a good sign that it will go down further

[CrownA]

Exactly! When you are absolutely sure, the market does the opposite!

[#7]

Exactly! You're sure that they will go down, which indicates to me that they might go up.

[Jobarshares]

The story of my life... I seem to have the talent to go long at the exact highest price, and short at the exact lowest. The share won't even move by one percent in the direction that I think it will.

[#9]

im glad to hear im not alone

[CrownA]

And true to form it has just happened!

[Jobarshares]

It is simply because I went short on FSR. Will let you know when I get out, then it will start dropping...

[john_1]

The way to fix that is easy... you are usually buying it a rally and the over wellming emotion is "I am Missing out" so you buy only to see it fall... the answer is simple reverse the dirrection of your trade. So if you feel the emotion "I am Missing out" and you feel comfortable to go long at the very last second sell short. This only works when you feel the above.... you cant sit and wait to go short like you going to outsmart the market because then your usual pattern will prevail. Hope this helps.

[john_1]

To further the point...YOUR TIMING IS EXCERLENT YOUR DIRRECTION SUCKS

[#14]

VERY true .. thx John

[john_1]

If what you saying is true about the 1% then set your stop1.2% above the reverse trade. small risk to back your amazing timing talent.