Market calls...100% accurate!

Discussion in 'Journals' started by ML_QUANT, Jan 15, 2009.

  1. 817 if it hits 20 before 13 I'll take some long off
    resist. at 20!
     
    #71     Jan 22, 2009
  2. GREAT, took some long off at 19.25 area
    it never reached the 13.
    I'm not convinced by today's low.
     
    #72     Jan 22, 2009
  3. GREAT, took some long off at 19.25 area
    it never reached the 13.
    I'm not convinced by today's low.
     
    #73     Jan 22, 2009
  4. dropped like a rock from 819.25 seems to be going to 12 area where it has some support
     
    #74     Jan 22, 2009
  5. You mention taking some off it it hits 20, then it didn't but you still took some off at 19.25.

    Doesnt this go against your plan? How did you decide on 19.25?

     
    #75     Jan 22, 2009
  6. I had SPY order already at 82.29. Will post u a pic later
     
    #76     Jan 22, 2009
  7. Also, nothing is concrete as I have always mentioned. You play it by the ear when you trade discretionary. I never care for the change, or even a couple of points.
     
    #77     Jan 22, 2009
  8. I believe you, no pic necessary. I just don't understand why you would have an order in if the mkt hadn't touched the 820 area again? I assumed your system said "if and only if" 820 is touched or breached would an order be entered to cover some of the long position.

    am I mistaken?

     
    #78     Jan 22, 2009
  9. What time frame are you looking at?
     
    #79     Jan 22, 2009
  10. I trade discretionarily so I understand that, ok this one was more by feel then

     
    #80     Jan 22, 2009