Let me first say that I'm extremely honored to be included with this elite group. Many thanks to our hosts for creating yet another new venue for the exchange of information and ideas. Mostly this post is just my self orientation to this venue.
I've cancelled stops because of wild, often meaningless intraday swings that can be expected on "Fed Day". After the flurry, my buy stops to close shorts will go back in above highs of the last week.
Good Trading all, D
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$SPX,uu[g,a]dhclyyay[dc][pb55][vc60][iuah12,26,9!ld20!lo14!lh14,3][J65515088,Y]&r=445.png
Waiting for Godot
Started by
IYB
, Jan 31 2006 02:01 PM
2 replies to this topic
#1
Posted 31 January 2006 - 02:01 PM
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#2
Posted 31 January 2006 - 02:26 PM
You are the "Elite", the only difference is when you post something, the rest of us can understand the idea without wading thru a bunch of junk. Great chart.
It's been lonelly here, welcome.
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#3
Posted 31 January 2006 - 02:33 PM
Thanks very much mss. I've very much appreciated your posts as well and look forward to this forum.
As you can see from my chart, btw, I'm in violation of my own trading rules at the moment. It was a very tough judgement call -- but I just didn't see a proper set-up for a "real" buy signal. If I'm wrong on that - I'll know very soon!
Best to you, D
As you can see from my chart, btw, I'm in violation of my own trading rules at the moment. It was a very tough judgement call -- but I just didn't see a proper set-up for a "real" buy signal. If I'm wrong on that - I'll know very soon!
Best to you, D
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds