994's tagged out......thank you mr. market! Thank you baby, thank you very muuuch (said in an Elvis voice)! :eek: Holding last 50% of the position......will let it ride for a while to see what we can get here.
I was wondering what people thought might be the repercussions of an Obama white house. Do you think this has any real effect on us, traders? Is american economics going to go more towards the european style? I'm just asking question, I would prefer answers and not people from either side yelling.
Did you get filled on your full position on the Rydex inverse position or only partially and going to scale in more if we can get higher.......im looking to take a position trade short around 970 instead of 950 now. im starting to beleive we may get to 1050
I was able to fill two separate entries in my Rydex position today with the trading around the ES 1000 level. I will keep adding to the Rydex 200% Inverse S&P500 position every 25 ES points above 1000....as high as she goes!!! :eek:
Well obama is telling people he wants much bigger government so that should tell you a lot about the trends ahead.
The fact that Obama's possible treasury pick, Summers, was in support of a transaction tax after the 87 crash has me a little worried. As traders such a tax would put us out of business. http://seekingalpha.com/article/97964-why-not-a-transaction-tax