4 replies to this topic

[OEXCHAOS]

I passed on an overnight buy because, while I saw potential, I also knew it would take monitoring, and I had dinner with my mentoree, so fine. Would have worked out well enough, had I gone for it. Then, this morning, we were a rounding error from a buy signal and otherwise had a nice set up on the hourly, which, had I cheated, would have given me 10. Then, this afternoon, they got within a rounding error of a Sell which, had I cheated, I could have gotten another 10 out of!

 

They're killin' me here!!!

 

M

[saltlake]

^{I Know what ya mean Mark. This morning I had 2 shorts that I was going for 10, they both hit 7 plus but then turned around and stopped me at BE. Then had a limit to short at 2738.25 this afternoon and missed that by two ticks.}   

[kaiser soze]

Me too.  I shorted ES at 2733 with a stop at 37.75.  Got stopped out for a loss.  Reshorted half the number of contracts at 2727 and broke even by the end of the trading session.  Should've made a killing with slightly better timing.  Trouble is the Algos know us better than we know ourselves.

[MaryAM]

Big news - Main Street isn't making any money - can't spend at Walmart?

FED is feeding the banks with purchases of mortgaged backed securities with new money that they are feeding back into the stock market since they can't make loans, since no one is borrowing. How is this going to play out?

[MaryAM]

It gets even better. Loan 1 is made at a 10:1 ratio. Loan 1 is sold At 100/1 to theFED. Then sell it in MBS to investors once the FED has already covered the price _ and on and on. It's all theater. The FED is a -dare I say it- an unaudited criminal entity ?