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  1. R

    YM Traders

    Target HIT... Reason for the trade: I look for prices to go down, so that I can then BUY it and it has not much room to go back down. I don't use a STOP under these circumstances. It is also called picking bottoms...
  2. R

    YM Traders

    Long at 222 Target about to be hit at 233
  3. R

    couple corporate finance questions.

    Good god.. read that thing called Text Book. I got this easy question wrong on my Corporate Finance exam.. and I had a 96 or something on it. Maximizing stockholder wealth = higher stock prices in expense of the long term value of the firm. (I think this is what I wrote on the exam)
  4. R

    YM Traders

    Fed said inflation from the Hurricanes is bad for the American Economy in the long term... eventhough it would be a boost in the short term... Thus, YM went up (in the short term) and came back down (to account for the inflation worries in the long term). You gotta know how to trade the...
  5. R

    YM Traders

    Maybe it turned around there because he covered it. It happens to me all the time since I really started doing some size.
  6. R

    YM Traders

    Trading is such a humbling experience.
  7. R

    I LOVE taxes!!!

    But, it is unfair when the those in the know pay less than their fair share and the common man who cannot afford a big accounting firm pays their ass off. Just so unfair. And the estate tax is 52% if you have anything valuable to leave for your children.
  8. R

    YM Traders

    When you are a n00b, these rallies are just great. Thats when it comes back to your BEP from the losses you are bagholding to and it is time to get out. But, today... such an experienced and big shot trader that I am, I should've made a killing on such a move. I need to focus on the...
  9. R

    YM Traders

    Market just exposes all your weakness.... :( I had one of the biggest days ever going on... And what do I do? I wanted more.... Thus, I got to the point of betting it all that I made for the day. And everything I worked hard for all day today... is completely gone... I seriously...
  10. R

    YM Traders

    All the stocks are going to 0... what will we trade tomorrow? :(
  11. R

    A rather strong closing today?

    I don't feel too good about the markets right now. Most likely I'll be selling by the close today, take the market a bit lower and cover it tomorrow.
  12. R

    YM Traders

    :D YM :D
  13. R

    YM Traders

    haha... nowhere close...
  14. R

    YM Traders

    Damn.. .looks like I BOT to cover at the very bottom.
  15. R

    YM Traders

    out at 363.... making it my biggest overnight winner ever.
  16. R

    YM Traders

    short @ 480... target 380
  17. R

    YM Traders

    550 was the key resistance for the last 3 days. After it broke through that level yesterday, it acted as a small support. And I believe the market most likely won't go through 550 since it is Sept. 30th. You would need a major move in the energies for us to make lower lows today. Don't...
  18. R

    YM Traders

    Short 2 at 559 Looking to add more if it goes against me.
  19. R

    YM Traders

    we're going down... yet I am not going to put money on it... I just took profits on my short.... Looking to go long around 550
  20. R

    YM Traders

    Moved my limit order when it came crashing down...and tried to get in LONG at 572, but my order never got filled. Short 3 at 578
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