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Yikes! Just back from work - can't believe it!!!


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#1 calmcookie

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Posted 08 June 2007 - 07:44 PM

It was only a little up when I left for work ... what the bijimminy happened? Hope you wealthy bulls will invite me out for a gourmet dinner. :D

Edited by calmcookie, 08 June 2007 - 07:45 PM.


#2 Mtrader

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Posted 08 June 2007 - 08:48 PM

Next time u better not blink. No more blinking.
You are on your own. This is for demonstration only.
JV

#3 Rogerdodger

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Posted 08 June 2007 - 10:01 PM

I had a nice buy on SSO from Thursday's close. I put a trailing stop on it before leaving this A.M. It was too tight and got tripped, missing half of the move. :( Shoulda moved it to a breakeven but was busy. "Hope you wealthy bulls will invite me out for a gourmet dinner, too."

Edited by Rogerdodger, 08 June 2007 - 10:02 PM.


#4 JAP

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Posted 09 June 2007 - 10:55 PM

It was only a little up when I left for work ... what the bijimminy happened?

Hope you wealthy bulls will invite me out for a gourmet dinner. :D


Short covering, that's what happened.

The bond rate is going to keep rising and M&A's are going to dry up. The FED/PPT can't fix the market forever.