MACD/Trendline Swing Trader

Discussion in 'Journals' started by retire45, Jan 26, 2008.

  1. I followed you on that AEM one.... OUCH.

    But, i got GM the same day pre market at 4.75

    Somehow my limit of 6.75 sold at 8 thismorning.

    Someone must have known it was my birthday.
     
    #761     Oct 13, 2008
  2. Well Happy birthday.. must be nice being under 20...

    Bought SKF 140 and change this am but chickened out of it... Just bought UYG 10 even.. hopefully the objective was to fill gaps..
     
    #762     Oct 13, 2008
  3. Sorry about the AEM by the way... Dollar strength insane... for now.. This rally to run into trouble around SPY 97.5 or 102. UYG over gapped over the SPY 98 equivalent.. hence the flat-lining now...
     
    #763     Oct 13, 2008
  4. Out UYG 10.4
     
    #764     Oct 13, 2008
  5. in UYG 10.35
     
    #765     Oct 13, 2008
  6. i was wondering why you got out of UYG? If you feel the market is going up the next day or two at least, seems like UYG would be one of the more leveraged trades.
     
    #766     Oct 13, 2008
  7. Please pluck me.... Actually I love generating revenue for my broker as I am such a nice guy..
     
    #767     Oct 13, 2008
  8. Triggered into DRYS Nov puts at close..
     
    #768     Oct 13, 2008
  9. UYG is going to do well today.

    DIG / GM still too probably. Wondering when this up side is going to collapse.
     
    #769     Oct 14, 2008
  10. Looks like it this morning.. will probably unload most of it at open. Overall markets... just wait for a flat day that rolls over after lunch time... I think today's bar will be a cross.. usually indicates a short-term top. Also earnings will decide the health of this bounce..

    Sentiment is everything and that is what has changed... "Men go mad in crowds and come to their senses one by one." I am not against a recovery but this is not how one is made but if I have learned anything last 6 weeks it is as a trader FOLLOW THE TREND LIKE AN IDIOT... at least you'll be a rich idiot.
     
    #770     Oct 14, 2008