johnpaulca 12,036 posts msg #93228 - Ignore johnpaulca |
5/28/2010 12:03:37 AM
E....picked up CNQ today at $68, could get about $10 on this swing. I do like oil services at these prices.
|
Eman93 4,750 posts msg #93251 - Ignore Eman93 |
5/28/2010 3:29:57 PM
I expected the pull back but still could not pull the trigger in the midst of the blood ........ I did get some XLB at 30.80
I hope some one made coin on NTLS up 15%
|
Eman93 4,750 posts msg #93383 - Ignore Eman93 modified |
6/2/2010 1:04:33 AM
As TRO has been kind enough to teach us all here.... FADE the GAP.... then trade in the direction of the gap when price crosses above or below yesterdays close .... that is all.... I always bail early in the run back up... thinking it wont make there today... no matter how many times I see it happen (100 pts give me a break). Got out of my 2 longs for a small loss could have evened up on AKS and even made some on XLB.
Its the emotion of the thing....
any way I did pick up some TZA at 6.90.... THANKS TRO
it not what you trade, its how you trade....LOL.
Some day in the not to distant future I will put on so called position trades for weeks or months at time.
I will be like the Great American Salt Water Crocodile... just waiting around for the big meal.....not chasing every rabbit that comes by......no need to trade every day.... no need to grind it up in the whipsaw.... just picking the tops, bottoms and pullbacks.
We are nearing a short term bottom.. but look out if RUT closes below 640......
|
alf44 2,025 posts msg #93384 - Ignore alf44 modified |
6/2/2010 1:45:35 AM
FADE THE GAP !!!
YEP ... THAT'S ORIGINAL !!!
---
I'm thinkin' Jesse Livermore was doin' that when he was still wettin' tha bed ... in tha 1930's !!!
TRO my AZZZ !!!
Gimme a frickin' break !!!
|
alf44 2,025 posts msg #93385 - Ignore alf44 modified |
6/2/2010 1:57:51 AM
FWIW ... TRO can be given credit for alot of shit around here ... and I have done so ...
BUT ..."Fading The Gap" ... AIN'T ... one of them !!! fwiw
---
Traders been ... uhhh ... "Fadin' tha Gap" since Art Cashin was 2 years old !!!
|
Eman93 4,750 posts msg #93439 - Ignore Eman93 |
6/2/2010 9:29:06 PM
I just meant he showed us a method to trade the Fade the Gap...
Put some parameters and targets around it.
Teaching us how he trades it.
|
Eman93 4,750 posts msg #93500 - Ignore Eman93 |
6/4/2010 11:31:26 AM
|
Eman93 4,750 posts msg #93709 - Ignore Eman93 |
6/11/2010 8:18:23 AM
Watching for RUT to close above 640.
|
Eman93 4,750 posts msg #93888 - Ignore Eman93 |
6/15/2010 7:58:17 PM
looks like a low risk trade in ELN
haven't looked at the news... weren't they in some law suit?
|
Eman93 4,750 posts msg #93890 - Ignore Eman93 |
6/15/2010 8:25:56 PM
DWA looks interesting... nice gap to fill
|