Today's action

Discussion in 'Trading' started by jerryz, Aug 8, 2006.

  1. dac8555


    i thought the nail in the coffin was the jobs report...i doubled up on that one.
    #21     Aug 8, 2006
  2. The nail in the coffin of this thread, is the giant graphic that makes it impossible to read the thread :mad:
    #22     Aug 8, 2006
  3. I think we saw from today to what extent markets are manipulated.
    They swang the market back and forth 5-10 times within 30 minutes it seemed,
    all for the purpose of shaking out anyone trying to hitch a ride.
    My conclusion: don't make your buying and selling decisions in front of the computer screen.
    #23     Aug 8, 2006
  4. Yes. I did. Send me $99/mo and i'll tell you how.
    #24     Aug 8, 2006
  5. Did you also predict the after-mkt correction?
    #25     Aug 8, 2006
  6. Good day for shopping and dumpster diving.:D
    #26     Aug 8, 2006

  7. I offer for your trading pleasure the infamous Swang(C) Indicator.


    As you can see, the indicator clearly predicts a down move. Thank you.
    #27     Aug 8, 2006
  8. lundy


    my time horizon is a little longer than just today, but i figure that todays action means little, and we will continue up leading into expiration.
    #28     Aug 8, 2006
  9. Are you both telling me when the market started going up mad right after the announcement you still felt confident about your positions? I know I tried to hitch a ride, and would assume any/every other retail trader with a quick platform also tried.
    #29     Aug 9, 2006
  10. I got absolutely crushed yesterday.
    closed my short before announcement for a small profit, then went long after announcement and got caught in the downspike sold at about -90 ym

    ouch indeed

    taking a break now

    #30     Aug 9, 2006