------------------------------------------- A Dow Jones 1H close < 10,920 will start the SHORT A Dow Jones 1H trendline break @ 10,982 & 10,937 are higher risk short entries if triggered.
Quote from hobber123: Hey Stoney just got back and read some.....I apologize for hurting your sensitivities. I am actually a bum/drifter though not much better than your description it suits me better than sitting in front of a computer all day, snivelling but your point of going broke by following DB is a bit hysteric. I for one do not take positions on a all in all out basis. A 10% move, against me, though would usually be enough for me to cover a position it certainly would not be catastrophic by any means. Though DB maybe wrong I respect his blog vs. the others here and yes I am on the same side as him. I assure you a 10% move against me on a 8% portfolio postion is mute, far from putting me in the street, though the street is often my preference. This week the fall colors of the ADK......under the stars, there is truth and peace. I hope for your wife's heart your success is not measured by trinkets. Thanks always for your trading insight and humor.... Sorry DB for the deviation, this is your blog. Bum/Drifter out aka Diaperman Dear Drifter at 10,100 you could of gone short and gotten out with a ten % loss but that's not what's happened here. Several more layers of shorts were put on all the way up doubling and tripling the pain. that you should be able to massage the concept to only lose ten % does not scream loudly for the investing style. Anyway we're all on the same side now as I've gone negative in my thinking. I'm interested in the fall colors of the ADK does that stand for Anderonacks? I too have a place in the woods. Unfortunately, at my place aside from truth and peace there is a rat problem- Norway- Fing huge. As to measuring life by trinkets that is of course true for the ladies. My wife is very fashion focused she graduated F.I.T here in the city and along with her I ran a ladies clothing store, so fighting the flow of new purchases has been futile over the years. This internet is killing me! For me- I buy stuff too chocolate & wine mostly and a mattress recently. You Sir, are always welcome. THANK YOU! jeez, I thought Stoney had left and gone back to his own thread. Left? Just when the market is finally going to start going down? Its always been a problem for me when a woman threatens to leave me and I respond with, "how soon can you be gone?" - then they NEVER leave. Bummer. Never trust a sentient being who bleeds for 3-5 days and doesn't die!!!! Well back to the blood thing, when I arrived at my weekend place one of the large ass traps had gone off in the pantry and there was a trail of blood which led under the couch and then disappeared... it was like walking in on an episode of CSI. I found the trap, the rat had shaken it loose! That's tough to do. Big rat. Then later my wife screamed when she opened the closet. There it was. Grey and about 13 inches long... pink tail , breathing. It had big claws and teeth and I was sooooo scared I had a metal spatulla that we don't use anymore and I flipped him into a shoe box and he screamed. I ran from the house in my underwear and down the drive way and up the hill and across to where the neighbors property is and dumped the box over the fence. I put the rat there because they have a big farm cat who can take care of it. After I got home I realized my home address and shoe size was all over that box and I had to sneak back and reclaim the box... crouched there in the thicket heart pounding twisted ankle throbbing ace bandage unraveling hoping the farmer wouldn't come out with his gun I realized just how weird my life was. Let's Do This DB! ~si
Even AMD beat earnings after the bell. SPX looks like its going to 1350 by december. Nothing can stop this rally. Tomorrow ge has earnings, i am sure they will blow away estimates and the markets will easily be up 1-2% tomorrow.