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diogenes227 TNA ??


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#1 cp1

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Posted 13 July 2010 - 02:44 PM

diogenes227, You still holding TNA?? I am thinking if we close above 42 it should go at least to 43+...what's your take?? Disclaimer: I am not an experienced trader compared to most here :) CP

#2 cp1

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Posted 13 July 2010 - 03:24 PM

diogenes227,

You still holding TNA?? I am thinking if we close above 42 it should go at least to 43+...what's your take??

Disclaimer: I am not an experienced trader compared to most here :)

CP


Looks like it is already getting there AH ...LOL !!!

CP

#3 diogenes227

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Posted 13 July 2010 - 06:52 PM

diogenes227,

You still holding TNA?? I am thinking if we close above 42 it should go at least to 43+...what's your take??

Disclaimer: I am not an experienced trader compared to most here :)

CP


Looks like it is already getting there AH ...LOL !!!

CP

I sold some TNA on the NYMO turn down yesterday and because up 15 percent I thought it was up a lot and I thought we'd have a short sweet sell-off today. And, of course, that TNA position is now up 26 percent. There's a lesson in that -- and it is: under no circumstances allow yourself to think. :lol:

Still have a position which is riding the NYSI buy. Also took a day-trading position today which finished the day up a lot -- two standard deviations of a winning trade. I sold that on the close because I entered it as a day trade. I have no price targets for any trade -- any trade can keep going up or down until it stops going up or down -- but usually 2sdevs is all she wrote and I think it's likely to take the dip tomorrow I expected today.

As long as the NYSI is going up that is a dip that should be bought. If you've ever read my swing waves thread, you know the NYMO/NYSI is my context for which side of market to be on.

(I see TNA is up a lot more in the aftermarket -- uh, thinking again... :swoon: )

:)

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."