| StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!! | << 1 ... 126 127 128 129 130 ... 162 >>Post Follow-up |
| FuriousThug 256 posts msg #64377 - Ignore FuriousThug |
6/26/2008 3:47:27 PM Only difference was that it was still within its near-term trading range... |
| TrendSurfer 109 posts msg #64378 - Ignore TrendSurfer |
6/26/2008 3:52:29 PM Way to go thug... Looks like this thing gonna hand me another chunk of change before the closing bell. I'm gonna have to pocket this one right now at 63.25. |
| TrendSurfer 109 posts msg #64380 - Ignore TrendSurfer |
6/26/2008 4:09:15 PM Ok then, finished right at $3 per share positive on this DDM / DXD stop and reverse trade from yesterdays last hour. I still have a bullish bias (WHAT!!!) until any move confirms. But extremely flexible to opportunities the markets may offer. This washout today along with the news headlines fanning the flame could be all it takes to turn this thing. I get excited when I see people running trying to find an exit, I'm happily holding open the door for them. Doesn't matter where she goes, I'll trade it either way. I will draw new lines at 10am in the morning. Cheers All |
| FuriousThug 256 posts msg #64383 - Ignore FuriousThug |
6/26/2008 7:09:25 PM Still bullish? That's the spirit. According to Marketwatch, this summer's oil highs will sink stocks...one tech analyst said that if tomorrow is another day like today, there may need to be government intervention in the markets... ...not like there isn't already. |
| TrendSurfer 109 posts msg #64385 - Ignore TrendSurfer modified |
6/26/2008 7:39:32 PM I trade my account in 2-5 days swings 90% of the time. This is my time... I had the DXD at my back for weeks. Trading others that move as well. I have a bullish bias for a rally when it triggers. I wasn't long, hung up in something the last few days, run for the hills. I was bullish in cash since last week, right where I wanted to be. I'm always EARLY to the game, so I can see the transition. With emotions totally secure. Let the market tank another day or two, just increases the probabilities of a sharp rally. I'll be happy take a few more dollars from the last to bailout until that happens, run baby run. When the market rallies you'll know I'm fully on board. When it breaks that trend, I'll switch back. I'm really surprised at how many don't get that in volatile markets the tops and bottoms are ragged and take patience. (Ok, not really surprised) I'm not a buy and hold investor. I'm a short term trend trader... Kinda makes a difference in a long term or short term bias, don't you think? Also wanted to add. As part of my trading style, I finish the day, start the day with a bias and anticipate. I don't wish the markets to give me anything, I simply take what it offers. |
| FuriousThug 256 posts msg #64387 - Ignore FuriousThug |
6/26/2008 9:40:42 PM I still consider myself a novice trader, but I already cringe when I hear people say "the market's bottomed." Didn't believe it in March...don't believe it now. I'm on the same page as you though - up or down, either way I'd like to think I'm going in the same direction. |
| alf44 2,025 posts msg #64388 - Ignore alf44 modified |
6/26/2008 11:10:49 PM ...on June 17th I posted (in this thread) ... THIS... Longer Term "10 Year Monthly" chart... ------------------------------------------------------ I added (along with that chart) these comments... ..."BEARISH ??? WHO ME ??? The Chart tells the story...but I'm ALL to happy to elaborate if need be !!! Trade accordingly !!!" --------------------------------------------------------- In a follow-up to niko ( a post or two later) ...I also said... "This Market is literally on the "precipice" (ie. edge) !!! imo "Care" is the operative word here !!! --------------------------------------------------------- Obviously...since that post...that June 2008 Monthly Candle (circled) has only further proved my chart analysis ... as this Market has continued lower (much lower) !!! I'm frankly baffled how anyone could dream up a "bullish bias" !!! Regards, alf44 --------------------------------------------------------- |
| FuriousThug 256 posts msg #64389 - Ignore FuriousThug |
6/26/2008 11:28:45 PM Frankly, I'm baffled too. I just didn't want to spam the forums with what I secretly fear will happen to the stock market, the economy, and generally the quality of life for years to come, if not permanently. And yes, that's an impressive candle. |
| alf44 2,025 posts msg #64390 - Ignore alf44 |
6/27/2008 12:03:59 AM That same chart...as of TODAY (without the annotations)... Fasten your seatbelts !!! -------------------------------------------------------- |
| TrendSurfer 109 posts msg #64391 - Ignore TrendSurfer modified |
6/27/2008 12:15:44 AM Interesting chart! Let's see, looks like it would have you short for the next 3 or 4 years ;) Can't relate, I swing my bias in days, sometimes a week or two, not years... Good trading guys and thanks... |
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