No replies to this topic

[maineman]

While some things never change (corporate profits or losses, valuation, fear, greed, trend lines, etc) some things do, namely the ever evolving toolbox of the program traders and big money firms. If that has n't been obvious to anyone over the past few days, they haven't been watching the ticks... There have been some wild, nano second strategies flying by, with minus 1200 tick one second and up the next.... these swings tend to exagerate closer to expiration... My experience has taught me to step aside my usual day trading tactics and only swing for the fence... i.e. bid em real low and offer em real high... if hit, so be it, if not nothing lost. I went long off that minus 1222 tick.. like to see it close up if I'm going to hold it ovenight... If you are new at this game, best to stand aside when you see the "big boys" at play... never forget: they have MUCH MORE MONEY than you do.... Be careful out there.... plenty of other "boring" days to make good dough.... mm