experiencing a drawdown here with the long DJIA trade. analysis indicates upward bias to manifest. holding longs here. surfer
wednesday. position will be closed by eod wednesday if not profitable. position sizing relative to account size allows the equity swings if trade entered a little early. surfer
30 of the DJIA components have opened on the upside. holding longs here expecting bounce to continue. surfer
u only have 120 pts to go. it's doable. while i know the markets tend to be parabolic, i sure can't figure out how you time your entries (not that i would ever want to do it myself, i'm just curious for scientific reasons) he he he, jimmy
ok, we are further ahead paring the losses a bit from yesterday. decision made to maintain position into thursday. i have been hearing some very positive whisperings concerning the us equity markets and am still confident in the long bias. i have noted a unique situation in the eur/usd pair, and have entered SHORT( long dollar) at 1.2865--holding here with profits. i expect a bit of damage in the euro in the not so distant future......... surfer