4 replies to this topic

[NAV]

90 points rally since yesterdays low and not a single post claiming stop-outs. Either everyone is sitting tight on their shorts or don't hold overnights like me.


The only overnighter (XLF calls) in my account, i dumped this morning for about 80% gain, which added about 4% to my overall account. Not bad for 3 days. This market can make you feel like a genius one moment and like a monkey the next moment.

Trade Entry

P.S - The day i bought the calls, i saw some big guy buying nearly 8000 contarcts. Today immediately after i sold, i saw about 9000 contracts dumped. Call it paranoia. I see ghosts...

Edited by NAV, 17 August 2007 - 09:36 AM.

[LarryT]

90 points rally since yesterdays low and not a single post claiming stop-outs. Either everyone is sitting tight on their shorts or don't hold overnights like me.


The only overnighter (XLF calls) in my account, i dumped this morning for about 80% gain, which added about 4% to my overall account. Not bad for 3 days. This market can make you feel like a genius one moment and like a monkey the next moment.

Trade Entry

P.S - The day i bought the calls, i saw some big guy buying nearly 8000 contarcts. Today immediately after i sold, i saw about 9000 contracts dumped. Call it paranoia. I see ghosts...

This week has an up bias Until Monday so we are looking at a spot to short into, @^@ it this week for that low risk short.

LT

[Venatici]

90 points rally since yesterdays low and not a single post claiming stop-outs. Either everyone is sitting tight on their shorts or don't hold overnights like me.


The only overnighter (XLF calls) in my account, i dumped this morning for about 80% gain, which added about 4% to my overall account. Not bad for 3 days. This market can make you feel like a genius one moment and like a monkey the next moment.

Trade Entry

P.S - The day i bought the calls, i saw some big guy buying nearly 8000 contarcts. Today immediately after i sold, i saw about 9000 contracts dumped. Call it paranoia. I see ghosts...

Well said, a genius one moment they a utter monkey a minute after. Since you ask, I am sitting on my shorts.
The rate cut was daylight robbery...
Anyway lets see what waits us.
Good and safe trading. And yes, have a nice weekend.

[rkd80]

I agree, i was long, but i still feel that the overnight cut was utter BS. Who the hell does that? No style...I dont think Greenspan ever did anything like this. All cuts were in the middle of the day when participants were awake. Maybe I am over reacting, but it just rubs me the wrong way.

[skyymaster]

I agree, i was long, but i still feel that the overnight cut was utter BS. Who the hell does that? No style...I dont think Greenspan ever did anything like this. All cuts were in the middle of the day when participants were awake. Maybe I am over reacting, but it just rubs me the wrong way.

I feel for you. I had sold my ES longs yesteraday at close. Now, they are training me to think like a criminial.

Edited by skyymaster, 17 August 2007 - 09:59 AM.