Shorting V

Bold move - shorting V. This thing is like a freight train on crack.

I agree with you that this thing is way too extended to the upside - it should pull back at some point.

Interesting..what is your rationale?

It stopped 2 cents above yesterdays high and started to pull back. I figured the run was done at 77.30. Boy I was wrong. I covered at 77.30 and re shorted it again at the close. I re shorted it because mastercard came off its highs so I think V may follow. This will probably become a botched trade but we`ll see how it plays out.

Think big and go buy some puts

Brett, it’s a gutsy move shorting V. MA and V are wall street darlings. I would say set a very tight stop.

I hope it works out for you bud. I do like how there aren’t a lot of people thinking of shorting V…usually a good sign! As for me, I like a short on oil these days.

Thanks Alex, I hope that it works out as well. It is more of a risky gamble, I am not too confident with shorting Visa but I am doing it anyways.. I like a short on oil as well. I went long DCR at 3.50 thanks to DOUG and I am still short USO. I really wished USO would have hit 100 cause I would have bought a boatload of puts.

may wark only gold invast mant gold give me daly gold reprt

V—shorted at 84.31 today holding for 80 area possibly 78 —-trade will work

u got smoked

OK–Anyone looking at V today??–Was confident the trade was gonna work–of course you can never be 100% sure with the mkts
My target on V is 78 area maybe a bit higher
Btw,No stops used on this trade–never use stops–can’t seem to put them in the right place anyway lol

I did get smoked on my first short but came out pretty good after all. I bought a bunch of puts this morning on the gap up and cashed in.

Hi, if you never want to miss news that can move your stocks, then sign up for free at easystockalerts.com Hope this will work out for you.
Good luck!

My next short is SOHU–around 77 maybe a bit higher—watch it—think we will see 72.50 area
No stops used–just watch it

Did not short SOHU–yet–think it may go a bit higher on Monday—looking at the 79.40–80 area
as possible short entry

I will def be watching SOHU for the opportunity to buy a massive amounts of puts for a quick day trade.

Hey Brett–I shorted SOHU this morning at 77.48 and just covered a few min ago at 75.78
Still think it has more downside but I couldnt watch it so I covered it
Do you want me to post more trades that I do??
Im just watching AAPL now closely
Im out of my SKF this morning with a buck 10–think I got out too early on that one
BTW I mostly do short trades and daytrades but will do swing trades from time to time

PS I WAS LONG SKF(ULTRASHORT FINANCIALS ETF)

BRETT–Gettin close with AAPL–Will definitely short over 185 area—my target 178 initially
maybe lower

OK IM SHORT AAPL–184.47—-MAYBE A BIT EARLY BUT THIS TRADE SHOULD WORK

Brett–U watching AAPL—gonna cover soon

Brett–covered my short on AAPL at 182.46—2.00 buck profit—still think it has little more downside but movin on now

New trade–gonna short XLE around the 85 area–should it get there
and lookin at X–to short over 173

If you interested in stock market news and information here is a site called easystockalerts.com . You can also get e-mail and RSS alerts when a stock you are tracking has news, an SEC filing, or a press release. So start money making now and sign up for easystockalerts.com

Hi, if you never want to miss news that can move your stocks, then sign up for free at easystockalerts.com Hope this will work out for you.
Good luck!

Nice trades ARL. How do u like SHOU today. I 4got all about it . Was goning to buy some puts. I am holding my X puts and think they will pay off. Keep up with the good trades

Brett—Im not following SOHU anymore—made my $$ and moved on
Im lookin at IBM to short but not here not yet
ARE U WATCHIN X–thats gonna be a good short soon real soon
Those X puts will work for you–I am fairly confident
I make make the trade soon
Best in your trades
ARL
PS I was gonna short GS at 198 a few days ago–was involved with other trades and didnt follow it closely–Oh well cant catch them all

Hey ARL, I have been watching X and have had 5 heart attacks as it approached 174 yesterday. But its down some today and hoping for more to come.

SHORT TODAY CNX at 91.82–Target 86 area–took half my normal position but will add if it moves higher
Still watchin X-remember my target at 162-63 area
Bought DUG at 29.46–target 34.50-35 area
V did get to my target but I had no patience BUT will hold CNX and DUG
X–may(not sure) run some stops–then think it will fake out and drop

Shorting RIMM at 140.48 now –lookin for 135ish area or bit lower
Still with CNX and DUG
Correction on CNX entry–90.82 target 86 area