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PierreLaRogue
08 Feb 12 16:17
Joined:
Date Joined: 31 Aug 07
| Topic/replies: 5,929 | Blogger: PierreLaRogue's blog
So last time i got beat up when i shorted the dow at 11600,  initially it went down to 11400 and i was laughing, then it wooshed up to 12000, since then i have been sitting on the sidelines. But now i think the time has come to give shorting another go, my observations are that markets love round numbers, so looking for resistance at 1350 on S&P and then 13,000 on dow will be strong mental resistance imo.
Pause Switch to Standard View Shorting again :D
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Report wykhamist2 February 8, 2012 11:04 PM GMT
Doesn't seem like a great time to go short to me tbh. Probably a Greek deal will get cobbled together and the markets will rise.
Report Mrben February 8, 2012 11:36 PM GMT
Hi Pieere, its certainly a ballsy call ATM. Your definitly not on your own thinking markets will fall.I read a report this week stating that net option positions were 75% short AUD, with a recent peak of 96%, 84% short euro,80% short dow and similar S&P.

Apparently this has been the case for weeks so theres plenty getting slaughtered on the down side.There is an implication that there is a massive short squeeze in the euro.However one would have to say that things do appear to be improving in the US.

There is also the fact that trading volumes are still reasonably thin and that is unusual for this time of year.Apparently the retail  players are just not on in bulk and sitting on the sidelines, not trusting the rise in markets. Who knows if that is true or not.

If you short , will you wait till 13,000 or do so before hand? How wide a stop?

I'll be watching with interest and best of luck.
Report Menelaus February 9, 2012 6:59 AM GMT
However one would have to say that things do appear to be improving in the US.

Anyone can regurgitate what they read in the FTs and try to sound intelligent, but there's always a tell. The above line is benny's tell.

benny, you are a moron who knows sweet feck all, copying and pasting cr@p from the business section of your morning daily.

Things are getting worse in the US, not better.

Care to debate me on it, it's time I give you another public spanking.

CLOWN
Report polybot February 9, 2012 8:03 AM GMT
benny vs melly
http://www.youtube.com/watch?v=PVS0cvbVpxE&feature=related
Report Menelaus February 9, 2012 11:59 AM GMT
That's actually very funny Laugh

Is wipeout the white chicken seating next to benny......eeer, sorry, I meant next to the yellow chicken near the end of the clip? Laugh
Report PierreLaRogue February 9, 2012 8:51 PM GMT
After today i changed my mind, everyone will be shorting at 1350 and the old bin laden high, I can't believe how high the AUD has gone again, maybe i'll short that.
Report Mrben February 9, 2012 9:49 PM GMT
and that melly is why we hate you.

pieere starts a perfectly good thread and you come along to stomp all over it with your BS.

No one cares what you have to say anymore melly since your bankrupt.Why dont you just crawl away and try to get a job.

I think thats a good move pierre re SP, have you abandoned the dow trade ?

Re the AUD- commentators and economists here are sproutung the AUD will go to 1.20 by year end.That virtually guarantees that it won't.Similar to the 'gold $3000 " calls by the same types.

    Shorting the AUD  though is fraught with danger ATM, as melly discovered. .Most of the markets just keep going higher and I believe that being short in the near term is not the go.

  Of course things can spin on a dime at anytime but I'd rather wait. Lets us know if you get on.
Report PierreLaRogue February 9, 2012 11:17 PM GMT
I'll give it a go at 1.078 ish, its gone straight up the last 2 months, 0.99 is fair value imo, and the highs in AUD were around 1.10 ish i think.
Report Menelaus February 10, 2012 9:09 AM GMT
Things are getting worse in the US, not better.

Menelaus: Care to debate me on it?

benny: blah blah blah BS blah crawl away blah blah feck off blah blah

Menelaus: I'll take that to mean NO?

LaughLaughLaugh





You are a moron, a clueless mug, a colossus of ignorance that got caught again posting a massively stupid comment that you read somewhere in a comic book and decided to cut and paste on here without any analysis.

I say what you posted is EPIC fail YET AGAIN. If you think I'm wrong, debate me on it and put in my place instead of posting vile rubbish.

CLOWN
Report polybot February 10, 2012 11:26 AM GMT
melly, it would seem you're the chicken who keeps coming back for a beating.
Report PierreLaRogue February 10, 2012 11:33 AM GMT
Well as the forum nutcase flaps around like a fish out of water I made 100pips, I halved my steak and will ride the AUD down with any luck. I don't have much belief in china or commodity stocks, if those take a nasty turn the AUD will be going down down down.
Report Menelaus February 10, 2012 1:04 PM GMT
polybot, just a hunch on my part, but you must take after your mother. Wink

@ LaDouche, wow a whole 100 bips on yet another one of those "ish" posts. Brilliant, I'm in owe, I wish my broker would accept "ish" positions......CLOWN. Laugh
Report Mrben February 10, 2012 1:07 PM GMT
Absolutly brilliant pieere!Love

dow futures off 100, S&P futures off 12 and the AUD down 136 pips and falling.Grin

You called it to the session.CrazyCrazy

Fantastic work. LoveLove

melly- IMAHO- don't you just feel  like a total twit right now? The real traders are back in town.
Report Menelaus February 10, 2012 1:09 PM GMT
I don't have much belief in china or commodity stocks, if those take a nasty turn the AUD will be going down down down

Noooo, really, you don't say !!!! What a revelation !!!! If it wasn't for you posting that none of us would have a clue that the AUD is China growth and commodities strength related.

I would have given you "post of the year" points on that EXCEPT that you missed what's really driving the AUD right now......the carry trade.

Seriously, keep your thoughts to yourself and stop embarrassing yourself on here. Laugh
Report Menelaus February 10, 2012 1:09 PM GMT
Ooops, CLOWN sighted.
Report Mrben February 10, 2012 1:11 PM GMT
you must be looking in the mirror melly.
Report Menelaus February 10, 2012 1:13 PM GMT
Menelaus: Care to debate me on it?

benny: blah blah blah BS blah crawl away blah blah feck off blah blah

Menelaus: I'll take that to mean NO?

benny: YES

Menelaus: What, are you afraid I'm going to wipe the floor with you again?

benny: YES




(Stop giving #@#* j#@s on here to make friends, it makes you look even more pathetic than you really are)
Report Mrben February 10, 2012 1:25 PM GMT
dow futures now off 110 points.I'm having a party here LaughLaughLaughLaugh

Looks like its the same old bitter story at your joint melly.Soup for  dinner again?Sad

the only floor you'll be wiping is if they give you a mop at the salvation army.Devil
Report PierreLaRogue February 10, 2012 2:46 PM GMT
You're a clown Mellyburger, i say ish because at the time the number is moving every second, China and commodities are the fundamentals for why i dont like AUD, but anyone with half a brain (obviously not you mellyburger) would see i was saying 2 months up in straight line is probably overbought and my fair value is 0.99 for now.

Sometimes you just need to keep quiet and watch and learn from the pros.
Report Menelaus February 10, 2012 3:47 PM GMT
benny, I wiped the floor with you WITHOUT even having to have to debate. That's what happens to a$$ clowns like you on here who post rubbish and get called on it. Let that be yet another of my many lessons to you.
Report Menelaus February 10, 2012 3:55 PM GMT
LaDouche, did you enjoy the @#*# *@# from benny?

As for the rest, keep posting "ishish" trades and claim hollow victories in your own mind. You wouldn't know "fundamentals" if they hit you in the face. You're just another in a long cue of a$$ clowns on here, and the cue unfortunately seems to be getting longer.
Report PierreLaRogue February 10, 2012 4:34 PM GMT
I feel embarrassed for you mellyburger, if only you knew what a clownISH clown you look to everybody on this forum. You really have lost it, what little mind you had has bolted for the exit doors.
Report Whippet February 10, 2012 5:50 PM GMT
a six figure director of a boutique who doesn't even know the word "Queue"? What exactly did they teach you down at De Moronford uni?
Report Mrben February 11, 2012 1:26 AM GMT
melly , you once again expose you total ignorance-"As for the rest, keep posting "ishish" trades "Cry

everyone who trades for real realises no number is set in concrete, ditto entry points.

You will notice NONE of the real traders mentioned "ish " as an issue.

Just you melly because, in all likelyhood you have never actually placed a trade in your life. Thats why your so confused by such concepts.

Your colossal ignorance of trading is only exceeded by boorish behaviour.

Time to go melly, time to go.
Report Mrben February 11, 2012 1:34 AM GMT
just for you melly

cue
1    [kyoo] Show IPA noun, verb, cued, cu·ing.
noun
1.
anything said or done, on or off stage, that is followed by a specific line or action: An off-stage door slam was his cue to enter.
2.
anything that excites to action; stimulus.
3.
a hint; intimation; guiding suggestion.
4.
the part a person is to play; a prescribed or necessary course of action.
5.
a sensory signal used to identify experiences, facilitate memory, or organize responses.


queue
   [kyoo] Show IPA noun, verb, queued, queu·ing.
noun
1.
a braid of hair worn hanging down behind.
2.
a file or line, especially of people waiting their turn.
3.
Computers . a FIFO-organized sequence of items, as data, messages, jobs, or the like, waiting for action.
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verb (used without object), verb (used with object)
4.
to form in a line while waiting (often followed by up ).
5.
Computers . to arrange (data, jobs, messages, etc.) into a queue.
Report Menelaus February 11, 2012 6:58 AM GMT
benny, avoiding to debate me and setting up a giant smoke screen to hide behind is probably the smartest thing you've ever done on here. You avoided another public embarrassment.

Perhaps there is a pea sized brain in that empty cranium of yours after all.
Report unitedbiscuits February 11, 2012 10:19 AM GMT
What exactly did they teach Menelaus down at De Moronford uni?

A fellowship in Bruce Willis Dialogue, apparently.
Report Menelaus February 11, 2012 11:27 AM GMT
uni ????

uni ????

what's a fecking uni, your hollowness???

if you are going to pipe up to take a shot at someone, at least try to hide your massive stupidity.

like I said earlier, the cue of a$$ clowns on here is getting longer.
Report Whippet February 11, 2012 2:08 PM GMT
melly clearly doesn't have a sense of humour, or even a personality by the looks of things. Uni is what all these people doing mickey mouse degrees refer to as University. But I guess you don't mix with plebs like them down at your boutique burger van do you? Laugh
Report Menelaus February 12, 2012 8:37 AM GMT
.....your attempt at "clever" is like everything else you post on here, a joke........Oh wait, perhaps that 's the whole point.....

Never mind, carry on..........
Report PierreLaRogue February 15, 2012 3:13 PM GMT
Shorting AUD again, 1.073 ish, going long euro 1.308 ish.
Report PierreLaRogue February 22, 2012 10:58 PM GMT
:) Aud today 1.630, Eur 1.325
Report Mrben February 24, 2012 12:56 AM GMT
AUD today 107.30 Euro 1.33.70

a magnificent week for traders.Excited

aussie gets set to  test the 108 yet again.

euro having an unstoppable time.
Report Menelaus February 24, 2012 9:13 AM GMT
Okay, AUD now under 1.07 again, PierreLaDouche it's your turn.

Laugh
Report Mrben February 24, 2012 10:45 AM GMT
melly- clearly you need to be institutionalised, or  probably you already are { that would explain a lot }

the AUD has not been under 107 for 14 hours. It seems you cannot even find the correct chart through your seething desire to be right.

Ask the doctors what they think of hyperinflationCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazyCrazy

you goose.
Report Mrben February 29, 2012 6:53 AM GMT
AUD breaks the 108 todayLove

euro 134 72Love in a relentless drive to 1.40

aud has hit 108.2 twice today  and i'm cashing out at these levels. Can go higher but a little pull back on the cards.Looking to re enter at lower levels.
Report Menelaus February 29, 2012 7:03 PM GMT
AUD 1.0776
EUR 1.3358

....as I type this.

If you are day-trading and not taking the other side of this clueless mug's daily drivel on here, you haven't been paying attention.

Grin


P.S. benny the clown, are you starting to understand this "zero sum" game thing, or do I have to take all of your money until you do?
Report Mrben February 29, 2012 10:45 PM GMT
just logged on.9.40am here

AUD 107.29LoveLoveLoveLoveLoveLoveLoveLove

euro 133.28

looks like I cashed out the longs near the top and the short now deeply in the $$$$$$$$.

I guess its your money I must have got in the zero sum game melly?

Its yet another winning trade posted my meExcited Another example of my brilliance.Got it right down to the session.Love

Yes melly I am a genius- but you already knew that did'nt you.LaughLaughLaugh
Report Menelaus February 29, 2012 11:16 PM GMT
How do you spot a liar???

Like this:


AUD now trading at 1.0737



Mrben 17 Feb 12 04:06 
........ the AUD is set to break its all time high of  just over 1.10 and a bit. Currently 1.07.80 ish

......... I have a strong bet on the AUD.


Mrben 29 Feb 12 22:45 
just logged on.9.40am here

AUD 107.29LoveLoveLoveLoveLoveLoveLoveLove

looks like I cashed out the longs near the top and the short now deeply in the $$$$$$$$.

I guess its your money I must have got in the zero sum game melly?




Busted !!!

Numbskull low-lifes always do !!!

LaughLaughLaughLaughLaugh
Report Mrben March 1, 2012 2:05 AM GMT
dear oh dear , melly in full meltdown it seems. Now having difficulty reading others posts  with his tear filled eyes.CryCryCry

17 feb re- post obsolete.Even an imbecile like you should have realized by now I'm not a position trader unless otherwise stated. But I do hold for longer than 30 secondsSilly

you missed this post mellyConfused 29 feb

aud has hit 108.2 twice today  and i'm cashing out at these levels. Can go higher but a little pull back on the cards.Looking to re enter at lower levels. Whoops

I'll spell it out for you- poor chap.Must i hold your hand so much to guide you through the basics?AngryAngry

"cashing out" means profit taking.

Since your unfamiliar with the concept of profitSad

"profit taking" means closing open positions and receiving MORE for them than they COST you.

Its a good thing.Love

I can't say it any slower.

melly , melly , melly, this is your 3rd public spanking from me for the week and you have  copped another couple from united, whippet and pieere. How much more can you take.

btw- hows your gold holding going?LaughLaughLaughLaughLaughLaugh down 70 $ over night- don't you wish you knew about "profit taking " yesterdayTongue OutTongue OutTongue OutTongue OutTongue OutTongue OutTongue OutTongue OutTongue Out


do try to keep up poor chap.
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