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-   -   How low will Market go? (http://www.wakeworld.com/forum/showthread.php?t=789672)

ScottR 08-18-2011 10:59 AM

How low will Market go?
Anyone do this for a living...I am all liquid now and spend a good amount of time watching and trading just wondering if anyone out there has more experience and their thoughts of where we will wash out. I think we will end up in the 9000s before we are done riding the wave down...thoughts?

Staying liquid till at least 10 then gonna start buying back up again....not wanting to go short just in case I am wrong and we don't go as far down as I think.

diamonddad 08-18-2011 11:23 AM

I think its oscillating with a down trend. Good time for momentum trading.

joeshmoe 08-19-2011 7:26 AM

Scott, how do you go short? I have bought low and sold high, but what are the parameters of going short? Basically, you are selling at today's prices and buying at a price in the future, but what are there time intervals? Do you have to specify the exact time or can you buy at a target price?

95sn 08-19-2011 4:35 PM

leave shorting to the pros, no ceiling on your loss yet gain is limited. Playing w/ fire.

jeff359 08-20-2011 6:11 PM


ScottR 08-22-2011 7:47 AM

Yeah, I am not willing to go short just right now with this market. Just too many variable right now as I see it. I still think we are heading into the 9000s.

joeshmoe 08-22-2011 11:44 AM

I would sure like to short silver when it hits 50 and watch it go down to 20

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