On a percentage basis, the move in oil was more than twice the move in equity indices. With apologies to Crocodile Dundee: "That's not a market, THIS is a market!"
All equities. Leverage my friend, leverage. That was a few mill worth of stock to make that so I probably made .8% or so.
I had posted on the blog last night that this was a buying opportunity. http://thetradingdigest.com/blog/ Dave
I trade the YM now, I love it. My biggest problem was staying focused on one thing, so I could never have the discipline to find a methodology that fit my personality. Now I just focus on the YM and the 30 Dow components for my swing trades, it's working fairly well so far.
yikes! now we have serial bottom callers! I bot here, here and here.... I call everyone of you out right here right now! The bottom will be when the woodwork (=you) sell whatever oddlots you have.
Frank, you see "acerbits" the newbie futures trader who picked up 40 lots premkt this morning one tick off the low
Not much... shorted the Dow (DXD) at the open yesterday, let it stop out this AM with a .2 point trailing stop, then went long SPY and RIG this AM. I trade with alerts while I make money the hard way. Should have had larger positions so I only made a few hundred. I borrowed money from my trading account last week for a new car so low on trading $$$