HKGK !!

[#1]

Any takers to where the TOP40 will decline to today? I would guess +- 2% (in line with the rest of the world) that would bring us to roughly 22 700 - 22 800.

[RDB]

agreed, only bad thing is sure it will happen at open, which means you should have been short overnight

[#3]

Which I was...went short on a Wave warrant, going to ride the Banzai pipeline today!!

[cfm]

So, was this a knee jerk reaction to international invents or a sign of things to come?

[peekay]

I am just feeling bad for getting rid of 50% of my TOPDWZ last night at "only" 20% profit. Well at least I have the other 50% left. I just don't know when to let them go.

[#6]

My problem exactly!! Don't like going to bed with open wave warrant positions, so I desperately tried to get rid of mine yesterday afternoon. Was I glad it never did. Now the question remains, take profit today or hope for more downside tonight?

[#7]

should be a historical day with an alltime low

[peekay]

I took my profits while they were there. Now I am looking what to do with the money.... Will tomorrow be a bounce back?

[#9]

I also took profits. Not bad for one day's work...

[john_1]

Bouts I am afraid you got lucky mate. I see you tried to sell those yesterday. well done but...

[#11]

John, I fully agree with you, I was very lucky. I definitely did not anticipate the correction today. Just glad I did, could easily have gone the other way. Think I'll leave the waves for now - bloody knuckle ride of note!!!

[john_1]

There was fundamental and TA reasons to be short, And it was the right place to be. I think that this just means you need to have a look at what got you in and what got you out so that you in for all the right reasons next time. Trade to Trade well and money will come your way.

[#13]

J dude, what you reckon on a long? All lookin iffy but price action suggests it's holding, rather than giving it up. If the topi closes above 227 we could see green tomarra?

[john_1]

Hows the head? Exactly This is not a market that is dropping, But it is all about the Yanks. I think I will use this time to scury back with most of my cash And let that crunch MM was talking about reveal itself. I am looking to dump My BIL for safty

[#15]

Head okay, thanks for askin. Red wine, aspirin, and something from Grandma's medicine cabinet, an all pain disappears. Heck, so do my lips. Anyways, we long overnight on topi. System says support/resistance + price action. If it bounces off 227 we got a new upleg of a resumption, I figger, no disrespect to MM, gaw blessim an a genuflect on his picture pinned to me wall..

[RDB]

cash close below 227, futures just went below 227 as well

[RDB]

just got stopped out of long

[RDB]

just took small long @ 22,620 again - long just seems soooo tempting

[RDB]

another small long @ 22,602 - futures closed at 22,595, looking at dow to close above 12,100 else I don't think we will see a green open

[RDB]

dow selling off once again, if 11,980 don't hold who knows how far we gonna go