| Final | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | R | H | E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Florida « | 7 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 8 | 11 | 0 |
| NY Mets | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 1 |
| Preview | Matchup | Lineup | Log | Wrap | Box W:L.Kensing(3-0) L:T.Glavine(13-8) HR: FLA- None NYM- None | ||||||||||||
| Final | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | R | H | E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Washington | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 0 |
| Philadelphia « | 1 | 0 | 2 | 0 | 0 | 2 | 1 | 0 | X | 6 | 7 | 1 |
| Preview | Matchup | Lineup | Log | Wrap | Box HR: WAS- None PHI- R.Howard (47) | ||||||||||||
Now I am not shocked by the market's continued ascent. What does concern me (if I was a bull) is the lack of normal trade flow. We continue to rocket skyward without any normal pullbacks. I took another loss on my short from 2089, getting stopped out just above that 2100 level. I'm not getting killed here but 80-90 point moves with pathetic little 15 point drops is annoying as hell. I'm going to wait and watch here looking for entry sometime early next week. Until then...cash...jfg.
Jesus Christ, shorting this market is a bitch...perfect entry yesterday as the market drops a sweet fifteen points off the get go and looking for more...but of course here we are right back near our entry of 2089 with my stop just a hair over that 2100 level...I am hoping for meandering around here with a gap lower sometime this week that sticks and a dive into the 2045 level where I hope to take some profits...jfg.
Well, we are siting here a few hours before the FedSpeak and the scenario I was hoping for has not come to be. As noted, I am short from 2018 and that is pretty much where we sit...I was thinking that we'd be flopping around the 2000 level going into the decision, leaving me some breathing room...that has not come to be...so I've covered...I'll fade a move around 2035...until then cash...jfg.
Well, I'm still short the NQ's as the market swoosh came right (not!) on schedule turning my disastrous position profitable at least for today. Futures popping higher this morning and I'm considering pulling the trigger and covering should the market regain it's footing going into the weekend. For now we'll wait and watch...jfg.
So Merrill comes out with downgrades all over the financials and my bastard Naz futures short is almost back to even...just a few points to the red as I type. What to do? Hold On! Oh the pain this last week. I'm smelling a little fear as the Labor Day weekend approaches and a line forming at the door. What's it going to be ? Another hedge fund blowout? More CFC news? A terror alert? Someone is going to try and bury some news before this weekend...we'll just have to wait and see what it is...jfg.
So I flipped out of those QQQQ calls for about even with the less than enthusiastic open this morning. I'm still buried in the Naz futures position though and this afternoon's quick spike isn't making me feel any better. The only thing brightening my outlook is all the red in the financials...so that may lead to a weak close...until the my account will continue bleeding...jfg.
to the bulls...you've figured it all out...new highs...no doubt...I bow to your uncanny sense that everything will be alright...global explosion...China at new highs!!!
Those silly subprime lenders...those Alt-A boys...why did we even invite them th the party...what a nuisance.
I bought some QQQQ calls late this afternoon...too many I think...on about a third ratio (cash wise) against my obviously pesky and obliterated short futures position.... that is about 30 points to the red...I just don't believe this bullshit...should I be selling puts?
jfg.
So I'm still short here from 1937 and I've got stops up over Thursday morning's premarket highs...I'm feeling the pain and being as stubborn as the bulls who have found this morning's economic numbers so comforting...I love numbers that tell us we were before things really changed...so if they can press things through the resistance up there they can have my money and I'll have to reposition...until then...jfg.
I definitely don't recommend standing by and letting your positions get away from you as I just did this last day and a half. At one point my Naz futures short was more than twenty points to the red and I actually set a stop at minus 25 that didn't get hit by an act of GOD. So here we are with that futures position ticking almost four points to the green. So we'll wait it out...I still think a flush is coming soon...fifty points lower...jfg.
