Hit my price target (the line I drew on the chart) Next week, my target lines will be drawn more liberally! Great call by you! This journal is all about making the $$
These 2 trades made this week are the only trades i've made on a journal thread. 20 minutes before tuesdays close this was posted: IBM -4 pts next day, a big move! 20 minutes before thursdays close this was posted: MMM down -$6.25 to $88.50 today. Big move! Think there's a market for a guy who can successfully short big caps (very scalable!) before earnings?
Probably. The thing is, it seems like your results will be extremely volatile. Unless you have inside info, holding through earnings just seems to be a recipe for disaster at some point. How do you get comfortable with this risk?
Nice one P....hope you made some good loot. Now the question is do you press you bets and go for whats behind door number 3. Or take money and run?
We will have issues till the mortgage problem is over that will not be until late 2008 Many mortgage holders still have not priced the paper in the open market therefore we have no idea what the fallout will be or will the government step in to save the day. Again folks Hindenberg Omen came in 2 days ago It looks like it timed it great! http://www.youtube.com/user/TradePilotPro Be Careful, Joe Baker
You think its a coincidence that ole Bob was in revival mode this week? Hello 1500. Great minds think alike. This weeks analysis shows this thread the most accurate real trading thread on ET