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Well, actually the party is going pretty good, but I don't doubt you that there's more fun to be had before the day is out.

Maybe I don't understand the terminology. Suppose current bid is 100 and current ask is 101. If you place a small limit order to sell at 99, my understanding is that it will be filled at 100, not 99, because 100 is the bid, and the 99 you specified is not the fill price but rather the...

Closed remaining 1/2 at 1465.25 for +2.5. Now flat.

Shorted 1/2 position at 1471.75. Added on short at 1469.75. Closed first 1/2 at 1467.75 for +4. Holding remaining 1/2, target 1465+-. Dumb question: Why do trades (sometimes big blocks) cross the time and sales window at "above ask" or "below bid"? What would cause a trade (especially a big...

Ouch, stopped out at 1468.25. +5.5 on initial position, +1.5 on add-on. Didn't see that coming (but Chris did...nice work, Chris).

If you're into Elliott Waves, here's my take: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1701588 width=600> I believe we have completed wave 5 of wave 2 (up), and now begun wave 1 of wave 3 (down). I believe wave 3 will take us down to ~1300 and possibly further...

Added to short here at 1469.75. Target 1465-1463.

No need for cynicism, OC. It was (and is) my trade. In AH @ 2208ET, short from 1473.75. Still on. Looking for 10 points. 5-to-1 R/R. Half-size position. My original post disappeared while I was trying to edit it. Not sure why. No intention to mislead. I try my best to post in real time, and...

Interesting chart of TWM, which is double-short Russel 2000 ETF: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1700872 width=800> Note this ETF is INVERSE to the market.

Out at 1473.25 for +5.

Short from 1478.25.

Well, mine's not working eithyer. Out at 1476 for +1. They're playing with us...

Dammit, man, I just *hate* when you do stuff like that! I'm short from 1477.00, looking for 69 by EOD. Counter-Apex trade...may God have mercy on my soul. :)

Closed this trade out at breakeven well before RTH open. Had a chance to exit it earlier at +4 but blew it, looking for at least +5 which didn't happen. Interested in getting short again, but watching for the right entry.

Short from 1488.75, full position.

Funny... Went short from 1475.50 about the same time you did, but had to leave for the day, so had to put the trade on autopilot. Placed a limit order to buy back at 1462, and set a trailing 4-point stop (wider than usual, but this was on autopilot). ES dropped to 1465 (dragging stop to...

I did, from 1475.50. I'm leaving the house now, letting this ride while I'm gone.

The terminology seems quaint, but the mental picture is this: If you want to jump across a river (or creek), you need to back away from the riverbank and then run toward it to get up enough speed to make the jump. Similarly, if you want to break through the ice, you need to jump up high...

<a href=http://www.hankpruden.com/MTWyckoffSchematics.pdf>This</a> will tell you all you need to know. Wyckoff springs (bottoms) and thrusts (tops) are false-breakout formations. Adherants talk about "jumping across the river" when resistance is penetrated to the upside after a false breakout...

Sticking a toe in the water here, short from 1458.75, small.