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FWIW I'm short from 28.50 from earlier in the day, looking for 20.25 to exit. Maybe we'll both be right, we'll know soon enough. :p

For one reason, you just got stopped out. For another, previous HOD was 1134.25, so we went a couple of ticks above it then reversed. Just enough to run the stops before heading back down. I was wondering if there was a technical reason (other than greed, which is fundamental) that you...

Looking like you should've stuck with your original target. Why did you move it?

Amazing. All the way up to 1138.50 on the overnight, and now back down to yesterday's low. All in under 18 hours.

My guess would be mortgage bankers. And supply and demand. Prior to WWII there were very few people with mortgages. Couples saved their money or borrowed from family to buy their first home, stayed there until it was paid for, and passed it on to their kids. As years went by and more money...

That was a good call, too bad he didn't play it.

ES just traded at 1107.25...

Didn't think so earlier, but ES 1100 before the close looks very possible now.

So is that what caused that crazy spike at 2:20-ish? I shut down for the day to get the kids from school, came back to see a wicked reversal off the low. Gotta love the volatility!! :eek:

Anyone think we see ES 1100 today? It just keeps getting uglier... :p

Is there any way to track the trades of Congressional members, so as to replicate their results? Beating the market by 6-10% sounds like a good edge to me.

ZDREG, the $200/month for food reference goes back to a post early in the thread. I agree that this is cheap, and don't think the comparison to annual Pakistani wages is relevant. I have read through this thread and found it very enlightening. For me it is like pieces of a puzzle falling...

Here's another example of choosing a good site to build: http://www.evsmartin.com/bathtub/pics/d6/sep0211r/s220746f.jpg Now that's some waterfront property!! A few times a year they shore up the foundation with sand, and within a few weeks it's all gone. They also have an ongoing beach...

I noticed that the article says "resistant" to earthquakes and tornadoes. I sure hope they have a "safe room", that's a dangerous area they're building in. I like how they got all the illegals to hide inside for the picture. Three trucks on the property, so who do you think is doing the real...

I too avoid the happy juice during the trading day, don't need anything clouding my judgement. Had a couple of beers last night to celebrate being up for the day though. I was down after the morning, then put on a short after things settled down a bit post-FOMC. There was so much...

Great advice, and a big part of what I am working on these days. After being down after several trades this morning, I put on a trade after the FOMC meeting, which I don't normally do. The reason was, I needed to be positive at the end of the day, because I know what going to sleep a loser...

First down, to LOD, now back up to...???

Ahhh, now we're cooking!!

Yeah man, what the hey??

Yeah, right? I learned awhile ago that Fed days are WAYYY too unpredictable, and putting on a position was just gambling. But if that's your thing, go for it. Not mine anymore, trying to make money these days, and keep it. :p