Search results

LOL...you know us Texans alright.

When trading your own money all you have to do is please yourself (sometimes that is hard enough). You start taking money from others and you all of a sudden have to please everyone else (a whole different story). So for sanity sake I have no plans of ever trade OPM.

Wow, I have been pretty busy lately and I guess this news passed me by. We are getting snow and sleet today so I am going to be spending some time watching the market. You know how us Texans are with snow and winter weather. :)

Thanks and good luck today :)

Romik, What does ES look like this morning. I don't have live charts for futs anymore. Considering jumping back in soon though.

Magna, Point taken, sorry about that. Gary

bighog, This journal is usually better than today. Look back a couple of weeks and you will see. I will say that I am sorry for being part of the bad stuff in here lately. I will certainly stop right now.

George, I just want to know why you have to start crap with everyone. Several of us have tried being nice to you even when others were ripping into you you always had people that were cool with here both here and in my journal. Then you always had to start something and piss everyone off. If...

You of all people should not feel bad for me. You warned me, thank you. I didn't take too large of a loos on it though. Got a little nippy up here this weekend but not too much ice. We are expecting more later this week. I heard you guys were geting some of this cold stuff as well.

That is exactly what I was getting at :)

You already know the answer to this question, don't you? BTW, I had to exit my WMT trade with a loss. I guess I should have listened to you...

You must be some kind of stupid junkie. You just can't stay away can you?

I have both SIRI and XM. I got sirius because of Howard but like you I don't find it funny anymore. You could use your imagination more when he was on regular radio.

the 17th

We'll just keep an eye on it and see. It's really not that big a deal to me right now anyway. I haven't been watching my charts much here lately. I am mostly flat right now. Just one trade on WMT going and it isn't doing well at this time.

Actually looking at the weekly I like the long side even more. If I calculate the bull flag it looks like around a 55 point move up. I don't know if I would trust that big of move but that is what it is showing.

That is a possibility. I would surely wait for the break of 1445 before I took a long position on it. Then by my rules it would be a long. If it doesn't breakout then it could easily drop to the 100ma. On the news side of things I have heard rumblings of a possible rate hike around the corner...

If you will look at this chart of the S&P index you will notice that the BB's are more tight than the ES so there should be a good move coming soon.

Good question. You could do that and make out very well but since we have not had a lot of movement in the markets in the past couple of months you might lose money with low IV on options. I have not been doing straddles or strangles recently for that reason. But this could be that move that...

Romik, Here is my ES chart showing what I was talking about. I know it is easy for me to say knowing that I am not trading the ES anymore just something I am going to be watching.