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big gap overhead, it should fill sooner than later. 91.20 on spy.

flat 89.06

long spy 88.84 stop .20

Look at column 4 (Tax as % of home value)something to consider when investing in real estate. CA and Hawaii are fairly cheap when compared to New York or Illinois. http://articles.moneycentral.msn.com/Taxes/Advice/PropertyTaxesWhereDoesYourStateRank.aspx

There are two themes that keep coming up on these threads: no one makes money at trading. The ones that do have an iron cast edge which continues into eternity. Guys trading less than ten years acting like they have seen it all. :eek:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=159783&highlight=micro+swing+trading

nice trade gotta love that short covering.

890...:)

watch those longs dax down 2.6% http://finance.yahoo.com/q?s=%5EGDAXI

http://www.youtube.com/watch?v=YtxfbxGz1u4

aig :p

someone bought 40,000 puts today on one strike, didn't even move the bid, spy and its options are incredibly liquid and deep.

summer reading, the interview with Mark Cook and Steve Cohen are pretty interesting. http://www.pdf-search-engine.com/stock-market-wizards--pdf.html

nice reversal it pays to watch the tape. :)

flat 91.50 -.10

long spy 91.62 stop .20

you guys may want to IWM up on your charts today, good trading. :) http://www.russell.com/Indexes/membership/Reconstitution/default.asp

flat 90.70:)

long spy 90.38 stop .30

This is one of the hardest things to do, hold a position thru major drawdown. As traders mature it gets easier, but is never fun. I was reading some articles on tape reading and found one of our very own, thanks LC. Some good stuff in here...