0912 EST This is really irritating. You know what they are doing. Get rid of the little guy by making him exit or sell short then drive prices higher. 0913 EST OK we jumped to 115 295 while I was posting. Time to really pay attention for the exit.
0920 EST OK folks, I'm taking a break from ET for an hour or so or maybe for the day. I spent way too much time and energy posting my trades here this AM. You know the deal. The best trades for the last hour are now over. They will play with us now for awhile. Bottom line, as of this post I'm still bullish, and will look to buy at a solid level. My best guess is that we will see 116 070 today. I'm not boasting, but I would like to point out that I think it is safe to say you could have made a net 10 ticks on Friday, Monday, and just now.
Thanks ivanbaj! My heart is racing a bit and I feel like I drank two espresso's which is NOT a good thing long-term. My goal is to be even keeled throughout all possible outcomes.
It was a risky trade. I hope you were ready to get out if the price returned down after the break of 25.5
Now. Do we go to 116 8 or return down? The longer it stays around 116 1.5 the more I think it will go down. But 116 4 then 8 is so close and attractive.
Yes, I certainly was. As a matter of fact, I couldn't post this due to time constraints, but I actually got out at 115 250 for that very reason and got back in again at 115 260. Here is a chart of my trading this AM for documentation purposes.