I'm not fighting any trend that I can see. This is a pretty nuetral macro market 10000 - 10900 If I'm guilty of one thing it's trading smack dab in the middle of it but I'm not looking to knock it out of the park either.
I feel for you this choppiness is killing me. You try to hold and not take fast profit and you keep losing alittle more. I told myself I will hold until close. I have a feeling it will drop down fast and not give people time to short. I hate this fucking market.
Facts?? The S&P made 2005 highs, the Russell made All-time highs. There is a difference. Fact. Loosen up, amigo. I'm just having alittle fun. The market is oh so boring. I haven't been stopped out of nothing...yet. The only thing i've been stopped out of..is excitement.
brokerboy - It is a tough one even I admit that, anyone else but a scalper would be felling the same I'm sure. I'm just happy to be breaking even today and yesterday!
Tell me the bird did not nail the hell out of this call!! What an unbelievable call by the bird! Yes, the bird can read intra-day charts as well!!
No doubt there is a difference between alltime and yearly highs. It`s just my humble opinion that the RUT`s all time highs have helped lead the others along. Sorry if I came off like a tight ass...didn't mean to dirty the birds thread with my interjection. BTW, if I wasn't a trend follower I would take a shot at a shorty here also..nice overhead resistance...good luck!
I must agree that the market is very difficult today. My profit is below 50% of an average day. Yesterday however was a good day. In a market as today you can only make money in taking tops and bottoms.
The bird's thread was sullied from the start. You didn't dirty it up. To the contrary, I appreciate anyone who can come in here and present a point of view. Kudos to you (for real)!
Yes Tol is on my list but I am waiting for earnings, you know they are going to blow them out and the short opportunity will come right after earnings, probably in ah.
Because that's what's worked for the past 2 years, although this time the rally has some clear sailing. Don't underestimate the stupidity of the mutual fund managers to keep buying when the perception is that everything is great.