Yes, good calls. They got me!!
Today...
Started by
NAV
, May 14 2007 10:02 AM
27 replies to this topic
#12
NAV
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Posted 14 May 2007 - 01:09 PM
Covering the rest of my ER2 shorts for 7 points gain (near 824) and calling it a day.
Edited by NAV, 14 May 2007 - 01:10 PM.
#13
greenie
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Posted 14 May 2007 - 01:10 PM
ER2 - 825.5. Not a bad place to take some profits on the morning shorts. Will close the rest below 820 or stop out at breakeven, if an impulse develops here on the intraday charts.
Good call again !!
I am still short (indices + weak stocks) from 2 days back. Nothing changed yet to cover them. Although the indices closed the gap, weaker ones did not lift their head even half way.
G.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#14
arbman
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Posted 14 May 2007 - 01:17 PM
Good trade NAV, good luck, I think I am taking some profits and holding the rest for the day into tomorrow noon, unless it capitulates into the close...
There's always another day, they got me into the close on Friday that I increased the risk and hedged. I think you will be proven correct for the higher prices eventually though before it tops for the IT...
Yes, good calls. They got me!!
There's always another day, they got me into the close on Friday that I increased the risk and hedged. I think you will be proven correct for the higher prices eventually though before it tops for the IT...
#15
NAV
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Posted 14 May 2007 - 01:19 PM
Good trade NAV, good luck, I think I am taking some profits and holding the rest for the day into tomorrow noon, unless it capitulates into the close...
Yes, good calls. They got me!!
There's always another day, they got me into the close on Friday that I increased the risk and hedged. I think you will be proven correct for the higher prices eventually though before it tops for the IT...
Kisa,
I closed my trade not because my signal turned green, but 7 points on ER2 exceeded my daytrade objectives by a good measure.
#16
arbman
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Posted 14 May 2007 - 01:39 PM
RUT (cash) is bouncing from the intraday lower trendline, I think it will break that line before it bottoms since it is a major cycle low (occurs 5 times a year). I will cover after the break and probably go long, I am really looking to see more volume for such a low...
#17
vitaminm
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Posted 14 May 2007 - 01:42 PM
Nav,
What's ticker symbol for this trade? AB m7?
vitaminm
#18
NAV
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Posted 14 May 2007 - 01:44 PM
Nav,
What's ticker symbol for this trade? AB m7?
ER2M07.
#19
vitaminm
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Posted 14 May 2007 - 01:56 PM
Nav,
What's ticker symbol for this trade? AB m7?
ER2M07.
Thanks,
very good trade!
http://www.eminiswin.../rutger2000.htm
Ab m7
15/60min sell
daily buy 817.7
Edited by vitaminm, 14 May 2007 - 02:06 PM.
vitaminm
#20
Mr Dev
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Posted 14 May 2007 - 02:04 PM
well looks like we have a few more RUT traders than before... welcome boys...and enjoy your pay day. 
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
