You missed Trish Regan say "Investors really like the deal, the market is up 170 points." I wouldn't have made a single profitiable trade without that knowledge! She is soooo frickin smart. I hope you've learned your lesson jagmot, and will not let it happen again. Osorico
Bob Pisser of CNBC keeps referring to those who are standing on the sideline as undecided buyers. Why must they always be bulls and not bears who are waiting for the right time to mull their way down to the southside?
I would need to consult the "Complete Idiot's Guide to CNBC". But then who are the real idiots, I cannot say.
Sucks, even bloomberg has moved down in quality...just because the format works for the person who watches cnbc/bloomberg etc.
We can technically go as high as the upper channel line at or near 1266, so I suggest those who placed their stop at 1265 to widen it a bit. Just my 2-cents.
Hmmmm...seems a bit premature to change to a wide "overnight" stop with 1/2 hour to go in RTH. To an outsider it looks like you decided to move the stop right before the market moved against the existing stop and took you out. Edit: gwac, you beat me to it