re: Dont listen to the demented BullS!! "Is Crashy net short now? That's a worry, because he has been a perfect fade on the market for most of the month. Better clear the shorts and go long."
Here we go.
Are you on drugs my man?
Flop out your list of calls you have made here this month then compare to mine. Whats that? You dont have the guts to make any calls? Well then where the hell do you get off harrassing someone who not only does have the guts, but has been 99% CORRECT.
Now im gonna have to bash you with my trade history for this month. (friday close prices used)
27/7/02 - ncp bull spread (portfolio hedge, no profit or loss)
28/6/02 - short sgb 1450 calls @ 500 now 315 (profit 185)
28/6/02 - short tls 450 calls @ 27c now 26.5c (profit 0.5c)
2/7/02 - short nab 3550 calls @ 30c now 2.5c (profit 27.5c)
8/7/02 - amp bull spread (portfolio hedge, no profit or loss)
10/7/02 - anz strangle (current profit but will be a loss tomorrow)
11/7/02 - bought wbc 1625 puts @ 27c (loss 7.5c but sure to be large profit tomorrow)
17/7/02 - short nab 3200 calls @ 170 now 155c (profit 15c)
19/7/02 - short cba 3000 puts @ 80c now 102c (loss 22c......sure to be more tomorrow)
19/7/02 - bought rio 3400 puts @ 32c (sure to be worth heaps tomorrow)
Then theres all those bank calls I wrote in July like:
sgb 1900 calls
wbc 1650 calls
nab 3700 calls
cba 3500 calls
anz 2000 calls
As Hans solo says to Chewbacca:
"LAUGH IT UP FURBALL!"
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Dont listen to the BEARS!!, page-8
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