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Time to get ready for tomorrow's gap up


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#1 denleo

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Posted 04 June 2007 - 01:08 PM

Since we have already had a big down gap this week (today), holding longs overnight has no risk. I will be buying next two hours with the intent of taking a profit either at the open on a gap up, or if for some strange reason the market opens unchanged tomorrow, it will be up a good amount after the first hour tomorrow. Denleo

#2 hiker

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Posted 04 June 2007 - 01:11 PM

betting against your idea, but I am likely trading different things (index, ETF's and equities) than you. this is fun, and I know you are confident as usual. best of trading to you.

#3 thespookyone

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Posted 04 June 2007 - 01:16 PM

Cool, post your entry here real time-so we all get a chance at the easy money.

#4 denleo

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Posted 04 June 2007 - 01:20 PM

Buying a little as we speak. 1538 on June S&P. I would love to buy more at 1533 to 1535, but I doubt bears will help me. They are not reliable. Denleo

#5 Frac_Man

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Posted 04 June 2007 - 01:25 PM

the gap up I was looking for today will probably happen tomorrow ..................






Since we have already had a big down gap this week (today), holding longs overnight has no risk. I will be buying next two hours with the intent of taking a profit either at the open on a gap up, or if for some strange reason the market opens unchanged tomorrow, it will be up a good amount after the first hour tomorrow.

Denleo



#6 thespookyone

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Posted 04 June 2007 - 01:27 PM

Buying a little as we speak. 1538 on June S&P. I would love to buy more at 1533 to 1535, but I doubt bears will help me. They are not reliable.

Denleo



Thx

#7 Mr Dev

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Posted 04 June 2007 - 02:04 PM

ALL interesting stuff boys.

But know I have a early hook on my dow WEEKLY signal that averages -200 points ....minimum

Muha-ha-ha-ha !

If the dow does go up from here .... she's coming back for the retracement and the -200 !


.. .. ..
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!

#8 vitaminm

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Posted 04 June 2007 - 02:31 PM

Buying a little as we speak. 1538 on June S&P. I would love to buy more at 1533 to 1535, but I doubt bears will help me. They are not reliable.

Denleo



Den,

Do u use IB platform for Es? if not which one?
vitaminm

#9 denleo

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Posted 04 June 2007 - 02:36 PM

In house platform. I am a hedge fund manager. I never use anybody's platform other than my own. Denleo

#10 vitaminm

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Posted 04 June 2007 - 03:29 PM

In house platform. I am a hedge fund manager. I never use anybody's platform other than my own.

Denleo




Thanks,

Since ES is traded all day and night, is it better to trade ES at night?if no Why?
vitaminm