-- Stay calm. Don't look at the intraday or even intraweek charts. Stocks are for long term. If you cannot hold it for a month, go buy those stupid treasuries.
But those treasuries are doing better than stock long-term-buy-and-hold since 1998 ?
-- Would someone send this idiot out of the room? Stocks are for men. Treasuries are for grammas. Folks pay attention. Stay calm. In the long run, everyone becomes Warren Buffet, or at least a Chinese buffet ($4.00 - eat as much as you want).
Oh shucks, it is going down again...
Started by
greenie
, Mar 07 2007 10:01 AM
4 replies to this topic
#1
greenie
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Posted 07 March 2007 - 10:01 AM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
tommyt
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Posted 07 March 2007 - 10:09 AM
i'm expecting a quiet day today, after the grande snapback yest...probably a good scalping day to buy dips and sell rallies...maybe nervousness into the close tomorrow before the Fri unemployment #
#3
jawndissedi
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Posted 07 March 2007 - 10:30 AM
I'm expecting lots of volatility in the Treasury market over the next ten days. If you are interested in the markets that furnish the liquidity you hear so much about, you need to read this article carefullly:
Bloomberg
BTW, in an earlier thread, I called for a rally today and Mark called for a decline. Now I'm guessing we're both wrong and that it will be the first of two inside days prior to Friday's employment number. In other words, I agree with tommyt above.
Bloomberg
BTW, in an earlier thread, I called for a rally today and Mark called for a decline. Now I'm guessing we're both wrong and that it will be the first of two inside days prior to Friday's employment number. In other words, I agree with tommyt above.
Edited by jawndissedi, 07 March 2007 - 10:31 AM.
Da nile is more than a river in Egypt.
#4
jjc
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Posted 07 March 2007 - 11:02 AM
i'm expecting a quiet day today, after the grande snapback yest...probably a good scalping day to buy dips and sell rallies...maybe nervousness into the close tomorrow before the Fri unemployment #
I agree here tommyt; BB on small time frames are a good tool for today's scalps. I will be paying attention to central pivot.. R1,R2,S1,S2 Globex High, Globex Low, yesterdays High and Low.
#5
jjc
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Posted 07 March 2007 - 12:36 PM
i'm expecting a quiet day today, after the grande snapback yest...probably a good scalping day to buy dips and sell rallies...maybe nervousness into the close tomorrow before the Fri unemployment #
I agree here tommyt; BB on small time frames are a good tool for today's scalps. I will be paying attention to central pivot.. R1,R2,S1,S2 Globex High, Globex Low, yesterdays High and Low.
Oh, and one more thing there is typically a ceremonial attempt at running tight stops 12:15 - 1:00 on days
with this profile most of the time resulting in an fakeout breakout. Or so I've noticed.
