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Buying futrs


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#1 S.I.M.O.N.

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Posted 04 March 2007 - 07:44 PM

don't see any risk at current prices, long es 1379.5, nq 1720,er2 769.6, ym 12050 stop? stops are for amateurs don't you know and i am the biggest one. stop is a print in the spx below 1365
*previously known as pnfwave

#2 89S10

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Posted 04 March 2007 - 08:18 PM

I nibbled at esh7 1380. That's the spirit!

Edited by 89S10, 04 March 2007 - 08:19 PM.


#3 eminimee

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Posted 04 March 2007 - 08:52 PM

I'm in with a small position at 79.25...have an order in to pick up some more at 77....with a stop at 72.75

#4 raleigh

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Posted 04 March 2007 - 10:52 PM

I'll buy at the bottom of the crash.

#5 denleo

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Posted 04 March 2007 - 11:47 PM

Didn't I explain many many times where the risk was and where there was none. Has anybody listened??? Good luck. Denleo

#6 Russ

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Posted 05 March 2007 - 01:20 AM

missed by .50 that was close Teaparty....it's a tough biz. It is looking like a double bottom on the 5 minute now after a volume capitulation came in. R

I'm in with a small position at 79.25...have an order in to pick up some more at 77....with a stop at 72.75


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#7 eminimee

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Posted 05 March 2007 - 05:06 AM

Oh, come on Dennis...I was saying there was huge risk when you were flirting with disaster at the top saying "no risk" to this market. Granted, you got out by the skin of your teeth but PLEASE, stop with the "I told you so's". At Friday's close I was less than a grand from my fastest year to date 7 figure gain and this morning I'm now 20 grand away. I was positioned heavily short from the top and got out right at the bottom last Tuesday...so in the grand scheme of things...I haven't missed too many points on the downside as we trade at 1375. I'm stopped out from last night but still think a good bounce is coming. When you were saying their was "no risk" and long...you took draw downs bigger than what your profit was on ES so I'm taking offence with the lecture line...."Doesn't anyone listen to me"..give me a break. I was stabbing long last night with a small position and had my stops in and they got hit. So what?? By the way.....I'll be honest...taking 2 months to make a mill doesn't compare with my record for the fastest time in losing one.....there was a day in March 2000 that only took me 3 hours.

Edited by Teaparty, 05 March 2007 - 05:06 AM.


#8 Russ

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Posted 05 March 2007 - 08:20 AM

Very nice work overall Teaparty, thanks for sharing your charts and trades with us.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/