Nice run from yesterdays low...Lets see what comes of it .
Short ER2 782.80
Started by
rightside
, Aug 29 2007 02:10 PM
3 replies to this topic
#1
rightside
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Posted 29 August 2007 - 02:10 PM
Pucker factor high....so this should be a great trade.
Nice run from yesterdays low...Lets see what comes of it .
Nice run from yesterdays low...Lets see what comes of it .
#2
rkd80
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Posted 29 August 2007 - 02:37 PM
Pucker factor high....so this should be a great trade.
Nice run from yesterdays low...Lets see what comes of it .
lol, i would not do counter-trend trades in the last 30 minutes in these markets. it is generally a death sentence.
“be right and sit tight”
#3
rightside
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Posted 29 August 2007 - 03:08 PM
Pucker factor high....so this should be a great trade.
Nice run from yesterdays low...Lets see what comes of it .
lol, i would not do counter-trend trades in the last 30 minutes in these markets. it is generally a death sentence.
Thanks, Man were you right...apears to be a mother of squeezez baised on tape reading. Tomorrow is another day.
#4
rkd80
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Posted 29 August 2007 - 03:46 PM
hope you got stopped out early.
this is the pattern, i have been seeing over the course of a few weeks. the markets irrationally ramp up towards close and it doesnt always mean much. It can happen on both down/up days and a follow-up is seldom in the cards.
this is probably the sign of a IT bottom, the volatility and violent swings have to be digested and taken care of before we resume our slow, mind numbing crawl to the top.
“be right and sit tight”
