Hey at least i am not long. I think crash wave towards ES 1236 has begun. I am done for the day, i think. 
How's it goin ?
Started by
NAV
, Mar 14 2008 09:00 AM
16 replies to this topic
#1
NAV
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Posted 14 March 2008 - 09:00 AM
I feel pathetic. I missed the short entry by 2 ES points. My limit order did not get filled. I am kicking the desk. But it's not gonna help
Hey at least i am not long. I think crash wave towards ES 1236 has begun. I am done for the day, i think.
Hey at least i am not long. I think crash wave towards ES 1236 has begun. I am done for the day, i think.
#2
IndexTrader
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Posted 14 March 2008 - 09:07 AM
Consider yourself lucky that you didn't buy the CPI news, or the BSC news.
IT
#3
SemiBizz
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Posted 14 March 2008 - 09:07 AM
Hang around, we'll get another chance. This is a Tsunami, sooner or later the wave contracts and then another big gusher comes...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
kaiser soze
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Posted 14 March 2008 - 09:10 AM
This morning its been ballistically good.
I commented on your blog about how these buying panics end. Vol MCO snapped back to zero providing a low risk short entry. But shorting is too risky so I bought a whole bunch of OEX 610 puts (expiring today) today morning at 2.20 on the heels of the BSC news when I saw yields collapse. The OEX puts netted a 400% profit though I prolly still left a lot on the table.
I am also long GS puts and AAPL puts-lets see if we get a multiple-sigma event.
#5
atlasshrugged
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Posted 14 March 2008 - 09:22 AM
I feel pathetic. I missed the short entry by 2 ES points. My limit order did not get filled. I am kicking the desk. But it's not gonna help
Hey at least i am not long. I think crash wave towards ES 1236 has begun. I am done for the day, i think.
i feel pathetic...if BSC doesnt come out with news nq 1838 was in the bag...
i did get a bsc short off for 30 points
#6
NAV
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Posted 14 March 2008 - 09:44 AM
Forget the hourly charts today. Today is all about 1-min charts. Tune to the 1-min charts. It's trading like the hourly.
#7
ogm
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Posted 14 March 2008 - 10:08 AM
Bottoming process.
CBOE EPC is 1.23 VIX flying, panic raging. Volatility and fear reaching screaming levels.
#8
humble1
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Posted 14 March 2008 - 10:10 AM
fwiw: bob pisonu agrees with the bulls ... just said all of this is "constructive."
#9
mdwllc
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Posted 14 March 2008 - 10:21 AM
Forget the hourly charts today. Today is all about 1-min charts. Tune to the 1-min charts. It's trading like the hourly.
NAV: Agree, but that's been like a roller coaster the last three days also!! Good Trading MDW
Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence
Be Sure to Perform Your Own Due Diligence
#10
thespookyone
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Posted 14 March 2008 - 10:22 AM
Hey Nav: Going quite well. Fib has taught me great respect for the predictive powers of the internals. He's really given me a deeper look into the mechanics of the market, and I can't possibly give him enough props here-he has MAD skills!
