|From: prognesubis (Rep: 33) reply to JesseLivermore||Date: 11/17/2011 15:21|
|Forum: Wall Street Pit - Msg #2208699 - List UNG msgs ||Thread #673324659 (Rec: 0) |
|Re: final note for the day... some newsletter promoting penny scalps happene...|
I would lock myself up in a bank vault to think about it over the holidays.
Cherry picker trading with scared money.
| Reply to JesseLivermore - Msg #2208693 - 11/17/2011 15:07|
final note for the day... some newsletter promoting penny scalps happened to state one decent point ...
hedge funds must show performance end of year and as 'growth @ any price sectors are in mass distribution & the PM's grossly over-owned,
what he did not mention is that most will be looking for performance that is not based on 5 to 10k girly lots in stocks that are about to file BK
as we saw with the VXX ..anything is possible
now if I was an institution that is looking for year end liquidity and a winter based PR story
that I can get off a few 100k lots w/o too much worry
where would I turn>?
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