Search results

  1. M

    ALLLL Aboard thats going Ashort!!!

    ********************************************************************* coolweb Registered: Jan 2005 Posts: 744 11-11-05 03:48 PM short huh? Get ready to be owned Edit/Delete • Quote • Complain ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ wow...
  2. M

    S&P 500 - What is the Nature of the Retracement?

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=59753&perpage=6&pagenumber=4
  3. M

    WTG Praetorian!

    also --- Great Gold Play!!!!!!!!!! Congrats!!! :) hey it is November 30th!!!!!!!!!!!!!!! No more hurricane season!!! :D
  4. M

    Any comments on today's price action?

    cool --- thanks for that link --- i will take some time and read through this all. :)
  5. M

    Any comments on today's price action?

    yes Gold {gee wally, gold is at $500 now --- what liquidity caused this?} has been helped by this and Oil --- yes why not play Oil "long" heavy all the time with your foreign "petro wealth" dollars {buy every dip --- who gets helped by oil staying high in price? :eek: }. wished i could be in...
  6. M

    Any comments on today's price action?

    i have some contacts that i get foreign "flows" info from, and the U.S. Treasury department is the "official" tracker of the foreign flows. this "foreign money movements" has been talked about by many money managers on the street and in chicago this year so the ideas i am talking about have...
  7. M

    Any comments on today's price action?

    the institutions know when the foreign dollars are liquidating positions, so what would the institutions do with THEIR longs in the same holdings that are being sold off by foreign players? they bail also and move some of these monies into other stocks that they are comfortable with during...
  8. M

    Any comments on today's price action?

    there is a BIG reason why i have been talking about this is several threads at ET --- you NEED liquidity to raise a market. I have stated that the rally we just had to this point over the last 4 weeks was companies buying their stock back, foreign monies pouring in to buy a "market" with value...
  9. M

    Swing Trade Play 11/11/05

    i looked at everything again and i will move my next 1/8th position cover target to 1241.50 ---- if it gets down at some point to 1243.00 or below this week then i will decided what to do if we start holding a price level just above this.
  10. M

    Any comments on today's price action?

    sell the profitable runners and buy the value and defensive issues as the foreigners pulled money out of our markets again today {three days now}. http://www.elitetrader.com/vb/showthread.php?threadid=59748
  11. M

    S&P 500 - What is the Nature of the Retracement?

    heads up --- foreign money is coming out of our markets again {on the third day of this now --- today seems to be the biggest day of the three}. i have talked about this in other threads here at ET and this sparked the October sell-off so stay heads up for the rest of the week ---- this could...
  12. M

    Swing Trade Play 11/11/05

    Thanks ---- this was a marathon trade so far ---- usually i get the break down sooner then how long this has taken ---- but the holidays caused some of the additional up move imo. actually the strong housing numbers the other day helped me out a lot! the "fed is done" argument for this...
  13. M

    Swing Trade Play 11/11/05

    OK 1/8th covered here at 1251.00 -------- HOOOUUUAAAHHHH! i am still holding 3/4ths of my overall swing trade position --- todays cover was +20 points for 1/8th of my position.
  14. M

    Swing Trade Play 11/11/05

    1251.00 is my next planned 1/8th position covering price level --- targets there and waiting. OK the SPX is trading below 1253.00 right here and i will be watching this level ---- if we can't get to 1251.00 today but we are near 1252.00 or so at the close i will cover 1/8th more of the...
  15. M

    Swing Trade Play 11/11/05

    they do it with a team of traders that know the game and work the action with a set plan {they trade with a strategy team}. they also do it "automated", so the details are in alignment with how ever they have found to be profitable doing this --- i am sure there are market orders used for...
  16. M

    Swing Trade Play 11/11/05

    No --- on the reverse you go with the whole package {whatever size you are holding} and you do not scale out positions until you are at or near breakeven from the losses you had at the reversal point ---- we do this in the IOAMT room occasionally during the week when price breaks through a major...
  17. M

    2005 is almost over, What is the most memorable stock market moment of year?

    yes Oil and Gold have been incredible long plays this year.
  18. M

    Swing Trade Play 11/11/05

    yes you are right ---- missing the big runs against you is where the "timing" of the trade is more critical. if you do get a big run then you can also flatten and reverse the position and then look for a better priced entry latter. this is a big reason why i track buy and sell program activity...
  19. M

    Swing Trade Play 11/11/05

    yes that is a technique that is used --- i see it in the ER2 at times also. the buyer will cover his highest positions at a determined level for just above breakeven {to cover commissions or the spread} and then only hold his most "in the money" positions hoping that his created move will continue.
  20. M

    Swing Trade Play 11/11/05

    yes sir --- very similar in nature. my scale-in levels and quantities are very different but the idea of a "previous order replacement" technique is the same. also i use market profile s/r levels to make decisions as to hold positions or add positions.
Back
Top