welp, unfortunately I still disagree with you and now Zeev after reading his post.
a 50 point swing on the nasdaq to me is enough to go short or long depending.. Of course, when I went short I was expecting a much bigger retrench and yesterday my speculation was backed up by Zeevs bearish thoughts.
Just not in the cards, and IM covering slowly and reluctantly.. Move on to the next trade.. But I do find it odd that Yourself, and more so Zeev feels that a 50 point move isnt enough to try and capitalize on one way or the other.. I think what he may have meant was that in this market climate, with momentum clearly to the upside its not worth it..
and to that I still disagree.. a trade is a trade.. 50 points is enough to make a nice return or take a small loss, simple as that..