So write this down for those that want to torture me for the next few whatever til I get out with a win or a loss..
I'm in at Qs 43.55..
beep beep beep
Started by
dcengr
, Mar 28 2008 01:49 PM
11 replies to this topic
#1
dcengr
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Posted 28 March 2008 - 01:49 PM
Qui custodiet ipsos custodes?
#2
IndexTrader
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Posted 28 March 2008 - 02:03 PM
I promise I'll be gentle. 
#3
SemiBizz
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Volume Dynamics Specialist
Posted 28 March 2008 - 02:06 PM
Back up the hearse...
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
U.F.O.
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U.F.O.
Posted 28 March 2008 - 02:06 PM
dcengr, my order's in for the Rydex close. I'm committed 100% long now. (Or is it I should be committed?) 
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#5
dcengr
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Posted 28 March 2008 - 02:10 PM
I expect a reversal to close flat today, but I cannot rule out the possibility of a gap down monday.. so I will add if that's the case.
Ofcourse, this could all be paper trading
Qui custodiet ipsos custodes?
#6
TheArchitect
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Posted 28 March 2008 - 02:12 PM
i'm on now too... QLD @ 69.72
#7
IndexTrader
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Posted 28 March 2008 - 02:19 PM
I expect a reversal to close flat today, but I cannot rule out the possibility of a gap down monday.. so I will add if that's the case.
Ofcourse, this could all be paper trading
It better be paper trading, otherwise it might get expensive.
#8
dcengr
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Posted 28 March 2008 - 02:21 PM
Well IT, my profit goal for this trade is 5 figures. But it takes me 7 figures to earn that much. Good thing that in paper trading, I can put in as many zeros as I want
Qui custodiet ipsos custodes?
#9
thespookyone
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Posted 28 March 2008 - 09:14 PM
What EVERYONE seems to be sure is an ABC here can just as easily be a wave 3 down already in motion. I don't understand why traders think the risk reward of trying to catch the falling knife is better than that of waiting for the confirmed turn-to each their own.
#10
arbman
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Posted 28 March 2008 - 10:41 PM
waiting for the confirmed turn-to each their own.
I am yet to see a more than 40 points rally during this bear market that came with the proper divergences at the lows, all of them came out of nowhere and kept blasting higher and higher as if a new bull market has begun...
