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25 days experience what are you talking about? I have been a student of the markets since November 1999 when I opened my etrade account and used Nextrend software for charting. In market terms I am just a pup, and willing to learn and admit my mistakes., which is more than I can say for some...

You original post was completely wrong in the first place, I was not chasing the market I was averaging down a position near its most recent support area. Their is no real trend to speak of in the Dow, but their are areas of support and resistance.

Prior to this muddle we are currently in their was May June muddle. Strip out that little blip down in late June and we have been in a 1.3% trading range for almost 4 months WOW!

Good luck!

Churning, chopping, grinding, directionless, that pretty much describes it.

Yes your correct, did you exit?

Oil now down -3.41%, Dow up 0.48%. Now what if the down reverses and closes lower, and oil stays down. Oh my what will the financial media have to say. Oh heck blame in on PPI.

Im trying to be positive, and Im doing the best I can, but really when was the last time we had a weekly chart look like this?

I pray we get out of this range, this top and bottom picking is wearing me down.

Im out 10693.

Thanks

Just a small fry here, that was pretty much bottom picking. 25 trading days as of today, we have been in this frigging tight range. Now that it is making some lower lows the range is just over 1% thats right a 1% trading range for the last 25 trading days.

Last one for sale @10600, it may be premature but I wont be to picky.

Hey were have you been, getting some of this free stuff I hope.

Made any trades today Charlie Dow? Or are you giving a lecture on how to trade the Dow?

sold another 10580.

Sold one @ 10565.

Still long, sure is jumpy this morning, just sitting tight average cost 10536. Looking to exit one contract @ 10570.

Good call

Long 3 @ 10538