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Can You hold it?


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#1 Mr Dev

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Posted 12 June 2007 - 02:47 PM

Although not there yet,....the momentum for the down turn has not even started,.. I would like to see some traders ride it for 50 to 100 NDX points with me. But a win is a win ! Well done to all, I think this market gave trading opps for everyone today! ;) I wish I was on the RUT today ....but in reality I can't be on the best paying index every single day so there is going one two where I miss the maximum potential gains

Edited by Mr Dev, 12 June 2007 - 02:49 PM.


.. .. ..
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!

#2 NAV

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Posted 12 June 2007 - 02:53 PM

Mr Dev, Coitus Interruptus is bad for health :D I am holding half though :lol:

"It's not the knowing that is difficult, but the doing"

 

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#3 Mr Dev

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Posted 12 June 2007 - 02:54 PM

Let's see if you can go all the way into next week ....or ....beyond.........like I'm planning. Nice trading ;)

Edited by Mr Dev, 12 June 2007 - 02:54 PM.


.. .. ..
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!

#4 rkd80

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Posted 12 June 2007 - 03:03 PM

Let's see if you can go all the way into next week ....or ....beyond.........like I'm planning.

Nice trading ;)



Actually dev, I am planning personally to go short fully on Friday as we have probably seen all the selling we are going to see for this week. I think thats when the party will really start - next week ... and beyond.

On second though, the 60minute is not even oversold yet - sigh - covered too early as always. Whatever.

Edited by rkd80, 12 June 2007 - 03:07 PM.

“be right and sit tight”

#5 Jinsong Liu

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Posted 12 June 2007 - 03:15 PM

90% of my hodlings are SDS now, plan to keep them to at least Sep.

#6 thespookyone

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Posted 12 June 2007 - 03:50 PM

Let's see if you can go all the way into next week ....or ....beyond.........like I'm planning.

Nice trading ;)

u
Hey Mr. Dev-Another great day! Got out of my puts this morning, rebought on the bounce at the same location I bought them yesterday before todays round trip.This is one trader friendly market at the moment! But, as I said yesterday, I'm looking to hold this round a little longer than usual. We could get some seious waterfall here. I'm thinking that it must have something to do with anticipation the Bank of Japan meeting(or at least that may turn out to be the excuse,at a minimum,lol)-if they say the wrong thing-the carry-trade could unwind pretty hard.

Spooky

#7 Tor

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Posted 12 June 2007 - 03:51 PM

Although not there yet,....the momentum for the down turn has not even started,.. I would like to see some

traders ride it for 50 to 100 NDX points with me.

But a win is a win !

Well done to all, I think this market gave trading opps for everyone today! ;)

I wish I was on the RUT today ....but in reality I can't be on the best paying index every single day so

there is going one two where I miss the maximum potential gains


Mr Dev, so are you short and staying shortin intonext week????

Do you have targets on the Spx and NDX?

I think I will short some more if 1485 gets taken out to the DOWNSIDE!

Good trading.
Observer

The future is 90% present and 10% vision.

#8 Mr Dev

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Posted 12 June 2007 - 07:14 PM

The townsfolk memo:

Ye of lil faith ,... thyself fails to understand the gifts I offer.


Reflection on ,.. being to fast of a flipper ... I remember when they told me ....you'll never make any

money that way........well that's what we heard on tv.,... you gotta buy and hold.....

......or I always loved this one,...no one can time the markets, as no one knows what might happen.... well

that's what we heard someone say,...... again I just smile. :)

Now days seems I'm no longer the fastest trader on the board,...seems everyone can exit just as fast as

they enter,...respect to the chif of course who can hold and hold ..thru hell and back.

There are many different ways to pull money from the markets for as many players.


There are always optimal times to trade fast,.. and then are others times when ones fearlessness is rewarded.

Hmm Fearlessness . It does not come without work...as well as trust in ones tested true TA.

S
eems there's a lack of trust among our traders,... in their work. Or maybe to much,...misplaced trust in

their own work.

E
ither way,... since we know trusting inadequate TA can hurt, one should understand their own limits and
abilities to determine their,... trust in their work.



I
can always tell who is at the top of their game,... and who is not so much.....and I just smile :)

;)

Edited by Mr Dev, 12 June 2007 - 07:16 PM.


.. .. ..
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!