its overcast today in san diego. but i am still in shorts and a sweatshirt. no socks on my feet yet. i might have to put some on if i go out tonight, but i hate to wear socks with sandals - too touristy! 777 - is that moonlight beach?
It is nice here in San Antonio. 67 degrees and shorts on. Got to love it. Suppose to be up to 71 by Wed. Maybe the market will go up as the temp goes up. Bert
surf.. continuing to enjoy your 'journal'. I am also of the opinion that we go higher. And in fact I indicated this to certain trader/investor friends about two weeks ago that we should look for a (potential) rally during this (post) full-moon, valentines' day segment. Interestingly enough Todd Harrison who had jumped into his bull costume with 50% conviction and was long S & Ps... indicated on Friday he bought 830 puts on SPX near the close. Of course it wouldn't take much for him to convert into (wide) bull spreads. I have closed most front calls keeping the put side of my strangles. Also entered some defined risk in April calls (at 807 SPX) as mentioned in chat (will likely sell more march against on any sizeable move). And have some stock (small size) in qlgc, bby, mrk and a couple other names from lower levels, looking for a few more ticks. Of course, expiry arbitrage will obviously be a factor this week and could keep a lid on certain issues. But IF the market rallies as we think it might... this would (luckily) turn out to be a great month for moi. G'luck to you and all brother ETs, this coming week. Ice p.s. Chicago predicted to see low 40s this week; so maybe that will inspire traders here to get more st bullish!
experiencing choppy slightly down market this morning. this activity is totally healthy and we welcome it after the substantial run up. still long DJIA< NASDAQ and MSFT. holding here, surfer
Are you saying if we were up you wouldn't welcome that too? So, in any case, you are holding no matter what?
our stops were triggered in msft, nasdaq, and djia today. currently flat across the board. will continue to trade off the channel figures. best, surfer