I went long when you said long around 1020, it paid nicely. The technical analysis I read on this site is simply amazing and it has helped my trading so much. You are truly the anti-Cramer. (craymer?)
I went short when (I think) you went short at 1098. Just closed 1/3 of my Aug XLF puts for a 38% gain (1/2 FAZ too but smaller gain). If it bumps back up, I have a lot more ammo to re-enter but for now will wait very happy til August and turning off the computer for the day.
Also thanks to Porsche when he and I were the only ones stockpiling huge TZA calls back in MAy. This puts me in the black for the year after I cried and whined about banks rallying earlier. (stupid banks) It has been a crazy year but the support I get pulled me through.
bless you and all traders too.
Another thanks Dev and TT, I'm back in Black.
Started by
uburack
, Jul 15 2010 09:55 AM
1 reply to this topic
#1
uburack
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- Traders-Talk User
- 628 posts
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Posted 15 July 2010 - 09:55 AM
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
#2
porsche911sg
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- Traders-Talk User
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Posted 15 July 2010 - 10:10 AM
Hope you enjoyed the big short run.... We got long right at the bottom as well..I went long when you said long around 1020, it paid nicely. The technical analysis I read on this site is simply amazing and it has helped my trading so much. You are truly the anti-Cramer. (craymer?)
I went short when (I think) you went short at 1098. Just closed 1/3 of my Aug XLF puts for a 38% gain (1/2 FAZ too but smaller gain). If it bumps back up, I have a lot more ammo to re-enter but for now will wait very happy til August and turning off the computer for the day.
Also thanks to Porsche when he and I were the only ones stockpiling huge TZA calls back in MAy. This puts me in the black for the year after I cried and whined about banks rallying earlier. (stupid banks) It has been a crazy year but the support I get pulled me through.
bless you and all traders too.
I long that big massive trade... it more than double my account size by the flash... I was hanging on to them plus shorting every bounce you could get everyday till the flash crash i was waiting for the crash...
But those were the obvious days to stock pile as much shorts as you get. The eruo was tanking indicating a real economic problem, but now the circumstance are bit different you can get a down trend but not the massive crash that we enjoyed.
It might be a slow and winding road down from here.....
I pulled out my shorts from 1096 to 1088. today should have waited a while, buit i was not sure with the trend.
It probably will bump up again for you to get short.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
