6 replies to this topic

[S.I.M.O.N.]

going long 50% in futreland does'nt look like mkt wants to go down to premkt low, but will buy in rest of position if it happens. long es 1386 ym 12140 er 769 nq 1725 no stop for now as full position is not est.

[eminimee]

You won't mind if I don't join you this time lol...I'm taking short scalps both ways and will continue to do so. I'll wait to take a bigger long position if/when we can get an hourly close above the 8ema on es. Just took a short off the same ema at 88 ..now with a breakeven stop..looking for 1375 edit: took half off at 84.50...stop same

Edited by Teaparty, 05 March 2007 - 02:17 PM.

[hiker]

I am on TEA's side of this trade for now NQ as well note the Q's advance failing near 42.76 so far

Edited by hiker, 05 March 2007 - 02:18 PM.

[greenie]

Use prudent stops. We will go down and much lower before any bounce. Just my HO.

[eminimee]

took the rest off at 84.50..just scalps.

[hiker]

no scalps for me..still short. I voted no bounces...just straight down. the short covering rally we had early this a.m. may be the last bounce we get for a while...I really have no idea, but I am trading it btw, TEA hope you caught some of trade 6 sent you yesterday...range today was 3.34 to 3.98..not bad.

Edited by hiker, 05 March 2007 - 03:06 PM.

[greenie]

no scalps for me..still short. I voted no bounces...just straight down.

the short covering rally we had early this a.m. may be the last bounce we get for a while...I really have no idea, but I am trading it

I have similar feeling hiker - a move that initiates with a drop like last tuesday's should not be taken lightly.