hehe just made the same trade with a tad lower stop...small contract size as it is against the immediate trend. Very over-bought here.. CajunSniper / Puretick.com Administrator-Trader
This market is going nuts, hard to belive their is so much buying even after last weeks 300 point run, pretty amazing, I have been buying the dips for the last 8 months. Weekly charts are showing a major divergence in MACD, daily dont mean that much but weekly do.
Im in 1/2 position @109, 10pt hard stop, for now. Good trades to all Osorico EDIT: bailed @116, NET -8(x2)
hehe another great trade by the puretick master trader. Maybe if you wasted less time worrying about overbought stochastics and spamming every thread on ET and more time thinking about where the market is actually going you wouldn't lose so much money. hehe