wait a minute, are you saying that you intentionally inflated the closing figures just so your prediction would be more exciting?? so it ain't so rennick, so it ain't so. ..shoeless joe caddyshack out
caddyshack....no one here can help you make the right trades. You may find help on trading in general.... but making the trades.. you and only you must walk that long and painful road. Thats what i tried to tell you yesterday... that you dont have to ask Rennick for mkt direction.... let the mkt herself tell you the direction. Even if you sat next to the greatest trader in the world... and followed his calls... you would still lose. Even if you knew what the mkt was going to do the next day..... you could still lose yourshirt. I hope you can understand what i mean by that... if you dont... take some more time out to learn trading... not make money. Good luck fellow trader
appreciate the help lilduck, from what i've learned so far is that knowing market direction is key, besides a having strict trading plan ( which i'm working on). i'm on the same service you and Rennick are on. The 9:40 am call was for strong market action during the morning session which we definately got, and then the call for the closing trend was strong. i followed the strong strat and bought the 3:15 low. i did great today, on paper hehe. anyway I can learn the trading techniques, it's the market direction advice that it seems everyone here on ET can't figure out. lucky for some of us we have that edge, or at least we know where to go. thanks for turning me onto it, and btw Rennick, you were trading today for real right, how did you do?
============ Art Cashin very well may be paper trading, on his notebook; not use ful for gut reaction to real time money , but VERY,very useful for testing, learning levels, going thru motions, & most importantly staying out of mediocre trades
Well. tasted a sliver of bear meat today. Served carpaccio with some good evoo and shavings of parmagianno regianno. Some of my pro colleagues tried it as bear tar-tar, mixed with a raw egg and selected spices. Hmmm. Good, but I am waiting for the GRILL FEAST tomorrow at the END OF THE MONTH.
Sorry for the delay fellas, I ate lunch with a team of fine Amigo's who put a new roof on my house. Anyone who thinks that sending these guys back en masse isn't thinking things all the way through. I'm convinced they are largely responsible for our booming economy. I can't imagine have a team of out of shape gringos on my roof. BTW the guy who owns the company ( gringo) pays 5 of them 70 bucks an hour cash, not bad. Off my soap box and in front of the chrystal ball. Survey says: At the close Dow +26 give or take 10 pts. The Amazing Rennick drifting out in a vapor mist
Sure what American in his right mind would work for $70 an hour. Illegal immigrants are SO taken advantage of!