wtf was that at 4pm. huge high vol selling

This is a paper account or possibly he was given the cash in some way (not by the market I add)

 

I bought 14 at 1496.50, just to help my cost average. I swear that I'll buy no more.

To steel myself for the demise, I have Philip Glass playing "Solo Piano." Metamorhposis I through V, followed by Mad Rush, then ending with Wichita Sutra Vortex. Check it out! The numbers under the bar code are 7464-45576-2

 

Why didnt you bid the 1496.25?

 

Just FYI I bailed most of my ER2 trade and am working on what's left. Had a good day and don't wanna throw it all away. Certainly doesn't have much spring in the bounce just yet... So thin right now, gotta be easy.

 

the punchline is that hes a oil shiek with a few billion to blow and the rate hes cost averaging he can do it indefinately.

 

Major support being tested and possibly broken with a wash out into the close and you are long 80 emini contracts based on what? That's a lot of heat, you must be the next Ed Seykota.

 

Actually he would have closer to 100 on board

 

LOL. I got brainwashed into buying "strength." Why bid when you're going to buy when the market is moving down?

 

I could have asked the same question about 2 points ago!!

 

Not the case. I could bust out, if I keep cost averaging.