RespireRx Pharmaceuticals Inc (RSPI)

[asuhowe]

I had widdled my average share price down to .75 over the so it wasn't all that bad..
My TA said the market is overbought (and Jerry talking about how we're going higher), so,
I decided to short the market late yesterday using a 3x Reverse Tech Index (TYP)... The Put action on the market was insane, the volume on updays was minute, and it was obvious the big hitters had stop losses behind the big gains over the past 8-9 weeks..
I think it will be the classic falling down of one set of stairs, the another whole set once the stop losses are triggered..
No charts required ;)

Saw a ton of voulume on the buy side for COR, and decided to jump out of COR and offset a good chunk of my 2009 gains..

I still have around 100K, thought it was wise to keep a little just in case..
I will still follow from time to time, but I have my sights on many other things now..

My comeback from the COR debalce is almost complete!
I just needed a day to get out when I wouldn't crash the SP down to .10 in the process.

Cheers and good luck to all!