Time to short?

the crash is something to do with the rumours of interest rate, remember that posted somewhere last monday? Im seeing red sea this whole week.

maybe time to relook at BGZ, MWN, TZA, EDZ, SRS etc

If you do not already short last week, don't short now. Too dangerous!
Wait for the pop back up. Although pre-market seems higher but today is
where things are likely to go south. Market may want to bounce up one more leg
before diving.

Again watch that VIX and Dollar and S&P futures index and of-course the ISM data.

This post has been edited by danmooncake: Nov 2 2009, 09:47 PM

Can anyone help explain what's happening to CIT? Filed for brankruptcy, share price tanked to 0.32 but now seems to be recovering till 0.42. Any idea what the buyers are hoping for?

no matter what is the opening price.. the share will drop..

Mine no more quote for CIT ...
CNBC said if CIT go into bankrupt share holder loss all just like GM

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Added on November 2, 2009, 10:11 pmThis post has been edited by rosdi1: Nov 2 2009, 10:11 PM

Just curious, if someone were to short CIT at 70 cents a few days back, what would they be getting? Nothing or the whole 70 cents?

taugehs? r u ready? had enuf time over the weekend to imagine wat u wil do? well, base on experience, one wil do 'deer see headlights scenario'
shorting is an art, either u be early or u hav patience & wait stock try to run in the short sellers after many months, then only jatuh longkang
look taugehs - futures r on ur side

darn!! i can't put up pictures or louyah analyst report & etc, due to lyn says

We have encountered a hardware error with our image server and have switched to a backup server. Uploads and attachments are suspended until further notice.

here r some link for ur pleasure reading, while we waiting dog jones open 1 hour late, remember theory does not equal practice

http://www.swing-trade-stocks.com/shorting-stocks.html

http://shortsqueeze.com/

lets hope, mr bull wil drink red bull as got data being release this few days
otherwise

Can be complicated... the share is still there with some value... but not traded.
I thought they don't allow naked short.

CIT is not shortable in MBTrading. Same goes with FNM.FRE

Opening looks stable, while waiting for 2 mega news:
ISM Manufacturing PMI
Pending Home Sales m/m

Look at that! Small caps are selling into the pop this morning.
Let see how long the DJ can hold. We'll be red soon.

waiting for 2 mega news - back to back..

C dying again 403 and counting. breaking 4 soon?

you cannot short something < usd 5

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Added on November 2, 2009, 10:47 pm3.80

This post has been edited by epalbee3: Nov 2 2009, 10:47 PM

lol, i was chicken. Short LVS @ 15.00 and then cancel.

waiting for 2 news before entering..

Bought 200 TNA 35.50 with 1 point trailing stop.

Pending Home Sales m/m 6.1% (wow - so good??)

Moved up my trailing stop to 36.

AIG is on the move but C is pretty much flat.

congrats - its moving to 37
Nice - its both "GOOD" news. Hope GREEN stay GREEN, or better up 100pts at least!

Sold 200 TNA @ 37.50!

Whee!!! I love this roller coaster!!!

DJ wants to pop 3 digits again!