This was the call in real time. You "checked out" when asked about your targets and stops. You should have swung short for a much higher reward to risk. Apparently the pennies you pursued were outweighed by the dollars you lost. What a flake. 03-02-09 02:24 PM riskfreetrading Registered: Jan 2008 Posts: 3162 03-02-09 11:22 AM SPX at 706.82: The Bottom, at around 12:20PM.
And no....there were no thoughts concerning your calls. Short SSO from 16.40 to to 15.73 during the "couple hours" you speak of. That was about as obvious rade as you can get. I saw the geico caveman pull it off from a blackberry, LOL. When you learn to trade and stop throwing darts, maybe you'll get a few extra newbs to read you blog. Hope the pay per click ads are funding your e-trade account. Maybe you'll actually get a margin account someday. Hang in there skipper, assistant french fry guy is a grand promotion. Ding.
Sorry, No such thing as "renniks thread." Someone asks me a question or makes a comment, I answer it. Simple as that. If Rennick wants to ask me a question he/she is entitled to an answer. If you don't like that go somewhere else. Don't post anything----it is Rennick's thread. Only Rennick can post here. Sounds like a stupid idea because then only Rennick would be talking to him/herself. Unless he/she wants it that way. Successfully, Alex L. Wasilewski Co-Founder & Head Trader Trades That Work www.puretick.com 1-877-GOLONG1 (1-877-465-6641)
Hmmmm...if I were a hapless follower of "calls", it appears that Wild Bill's is still in effect and doing quite well. On the other hand, it appears the bottom call (can't remember who called it?) of yesterday has been quite painful. Reminds me...sharpen the darts and feed the monkey, LOL!
why do you have to say it? anyone who does not trade is neutral. Bill, be Bill. The old Bill. PS: Tomorrow Tuesday (Tuesday March 04), the bottom or the reversal, or both. Candles are ready to be administered. Bears, keep that area clean. You have 12 hours to get ready.
In aftermarket yesterday when I posted the above last evening, SPY was trading at 68.82 area. (We even bought shares at that level). In premarket this morning, SPY at 71.25. How do the candles feel in company of bears? RFT (The Risk Free Overnighter!)