mystiq 650 posts msg #93114 - Ignore mystiq |
5/25/2010 2:24:06 AM
Eman93
- Ignore Eman93
modified 5/25/2010 12:36:09 AM
I am volunteering at my sons school tomorrow so I will miss the 1000 point drop tomorrow.....
The bulls were pretty weak today couldn't even muster a test of RUT 655......
**WOW 1000 point drop,,,,,
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Eman93 4,750 posts msg #93186 - Ignore Eman93 |
5/27/2010 1:04:37 AM
made a few coins on the long side rode it up in the am and sold when we didn't pop through RUT 655 the second time..
I almost bought some IWM in after market... price was 63.80. I passed.. looks like the futures are up but cant figure out the news... must be currency related If we can crack the RUT 655 and the 50 day in 60min chart we should run up to 675 pretty fast... still sticking to the 640 as being the line in the sand..... has been the battle ground last few days.
Expect a gap fill some time during the day...LOL
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Eman93 4,750 posts msg #93219 - Ignore Eman93 |
5/27/2010 9:07:46 PM
Long IWM and AKS
on the list
XLB
NLST
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Eman93 4,750 posts msg #93225 - Ignore Eman93 |
5/27/2010 11:35:41 PM

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Eman93 4,750 posts msg #93226 - Ignore Eman93 |
5/27/2010 11:38:22 PM
About a day late....
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Eman93 4,750 posts msg #93227 - Ignore Eman93 |
5/27/2010 11:45:07 PM
MOLX
WTI
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johnpaulca 12,036 posts msg #93228 - Ignore johnpaulca |
5/28/2010 12:03:37 AM
E....picked up CNQ today at $68, could get about $10 on this swing. I do like oil services at these prices.
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Eman93 4,750 posts msg #93251 - Ignore Eman93 |
5/28/2010 3:29:57 PM
I expected the pull back but still could not pull the trigger in the midst of the blood ........ I did get some XLB at 30.80
I hope some one made coin on NTLS up 15%
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Eman93 4,750 posts msg #93383 - Ignore Eman93 modified |
6/2/2010 1:04:33 AM
As TRO has been kind enough to teach us all here.... FADE the GAP.... then trade in the direction of the gap when price crosses above or below yesterdays close .... that is all.... I always bail early in the run back up... thinking it wont make there today... no matter how many times I see it happen (100 pts give me a break). Got out of my 2 longs for a small loss could have evened up on AKS and even made some on XLB.
Its the emotion of the thing....
any way I did pick up some TZA at 6.90.... THANKS TRO
it not what you trade, its how you trade....LOL.
Some day in the not to distant future I will put on so called position trades for weeks or months at time.
I will be like the Great American Salt Water Crocodile... just waiting around for the big meal.....not chasing every rabbit that comes by......no need to trade every day.... no need to grind it up in the whipsaw.... just picking the tops, bottoms and pullbacks.
We are nearing a short term bottom.. but look out if RUT closes below 640......
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alf44 2,025 posts msg #93384 - Ignore alf44 modified |
6/2/2010 1:45:35 AM
FADE THE GAP !!!
YEP ... THAT'S ORIGINAL !!!
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I'm thinkin' Jesse Livermore was doin' that when he was still wettin' tha bed ... in tha 1930's !!!
TRO my AZZZ !!!
Gimme a frickin' break !!!
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