StockFetcher Forums · Filter Exchange · Tails, ODRs & ROCdiv...OH MY !!!<< 1 ... 22 23 24 25 26 ... 52 >>Post Follow-up
alf44
2,025 posts
msg #95591
Ignore alf44
modified
8/11/2010 8:11:07 PM





alf44
2,025 posts
msg #95593
Ignore alf44
modified
8/11/2010 8:14:53 PM



............... $hort is $weet !!! ...........


Eman93
4,750 posts
msg #95595
Ignore Eman93
8/11/2010 8:52:40 PM

The rally yesterday was perplexing.... the volume on the rally set me back a bit... but as it sold off I picked up some VXX and sold into the spike this am, I was fully expecting a bounce around RUT 625 to 620ish and a rally to the 200 ma on the 60min chart. or even better a back test of 640.

So after the market closes I am reading the twitter feed and see cisco tanked and everything starts to tank TWM jumped so I look at VXX and its like not moving only up a dime so I bought a bit at 22.90 now its 23.50 so I am not so mad I sold early.

I will go all in on a pullback to 640... if I have the guts...lol

Great trading ALF I hope to someday have the patients and the fortitude to hang with a trade.



alf44
2,025 posts
msg #95597
Ignore alf44
modified
8/11/2010 9:19:35 PM


... I hope to someday have the patients and the fortitude to hang with a trade ...

---

I find that indulging ... after hours ... in copious amounts of ... well ... "adult beverages" ... helps !!! fwiw

LOL


alf44
2,025 posts
msg #95624
Ignore alf44
modified
8/13/2010 12:03:52 PM


1080 on the S&P ... is the "Line In The Sand" !


alf44
2,025 posts
msg #95625
Ignore alf44
8/13/2010 4:05:59 PM


FYI ...OUT of TWM position ... PROFIT +16% on the trade !!!


Eman93
4,750 posts
msg #95634
Ignore Eman93
8/13/2010 9:18:36 PM

Nice Alf,,,,

Did you go long EOD?

I have some VXX from Thursdays pull back and bought a litte CEG at the open for long.

Like the divergence on CEG and bouncing off the trend line.

I was out all day so was not able to sell my VXX.

alf44
2,025 posts
msg #95636
Ignore alf44
modified
8/13/2010 10:54:54 PM


E93 ... didn't go LONG EOD !

That 1080 S&P Level looks like a place where we "may" bounce ... BUT ... I didn't want to think about LONG (or, SHORT for that matter) exposure over the weekend !

ALL the Major Index ETFs printed "Inside Days" today !

Clearly the Market is in a place of indecisiveness (if that's a word) !

We are coiled ... we could explode HIGHER ... or, LOWER from here ... indicative of Inside Days and Range Contraction ! fwiw

I just didn't feel the need to try and be a hero here and decided to take copious profits !

I'll look for clues next week ... my bias is to be SHORT this Market ... but I will wait for my setup !


Regards,

alf44


alf44
2,025 posts
msg #95637
Ignore alf44
8/13/2010 11:20:37 PM


Now ... Again ... Patiently ... Waiting !!!


alf44
2,025 posts
msg #95638
Ignore alf44
8/13/2010 11:22:12 PM


......................................I will wait ... patiently ...



........................................... for my next shot !!!


StockFetcher Forums · Filter Exchange · Tails, ODRs & ROCdiv...OH MY !!!<< 1 ... 22 23 24 25 26 ... 52 >>Post Follow-up

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