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anyone have a clue wtf the news/rumour is that's caused this leg down?

i've been watching the same thing. EUR/JPY jump back up to 119 almost got me in trouble; as it factored into decision to go long the DAX. got out of it alive, but was looking at an ugly loss if it had broken down...

the American consumer certainly belongs there. sooooooooo many people were speculating on real estate more than purchasing 'homes'- even if they lived in it, they bought houses they knew they couldn't afford; thinking it would appreciate in value to bail them out. it, of course, worked... until...

whose ass did the 'candidates' names get pulled out of in the first place? interesting that we don't see Barney 'roll the dice' Frank on the list.

jsut to close the loop... i sold @ 106.25 @ 0616 EST. luck and sticking to my rules (for a change) got me out. actually long again @ 795, thinking they may try to run it up into the open. small size as this is dangerous territory.

i cringe at the thought of being on the same side of a trade as one of the trad3r alter-ego's, but i have a hard time picturing this weakness holding into the open. the market isn't going to let a few people pushing around a couple 1000 ES contracts open the market below key support. can't...

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lol

yeah, they, and many other countries, sense that we've got a vag in the white house and they're going to really prod the paper tiger. to head off the political defenders of Obama... i thought Bush was an idiot. i think Obama is a pretender, a guy who wrote an autobiography b4 he did anything...

nice attempt at recovery....not. you're not snowing anyone, rainman.

raining guru!?! lmao. so i understand, please tell me how does this differ from, say, a sunny guru, or perhaps a snowing guru? fucken et...

thanks for the reply. yeah, my guess was, as i do, you use generous limit orders when you want to make sure you get out. as you pointed out, sometimes that doesn't work when it's really moving against you. i understood the # of contracts you were trading (ie: the POT puts were 200 contracts...

first, yours is the only journal i've followed on ET; as i believe it's authentic as well as unique. couple questions about your options trades which i haven't seen you address: would you mind walking thru the mechanics of your options trades? by that, i mean the actual trade execution...

i have another take based on my experience: i use 20 charts and would prefer to have more like 30- given a system that can handle it. the problem, as i see it, is how poorly the programs are written. memory leaks, etc. i have to restart programs a few times during a trading day when they...

interesting choice of images given that you were the one that pulled 10% out of your ass in the OP. why not 9%? 11.2%? i guess you've just got it dialed in- using the brain matter not dedicated to starting 15 threads per day on ET. how much does Baron pay you? is it by the post, or the word...

what do you expect to happen? the # would have to be off the charts to surprise the market- everything short of apocalyptic is factored into the collective mindset. short of a surprise of said magnitude, it's hard to envision a sell on news. DAX gets through the ~4555 area and it could take off...

you're obviously someone who has taken zero interest in intl politics over, say, the past 50 years. N Korea is the biggest paper tiger in history. they can't take a piss without the approval of China. they rattle their sabres whenever they want to send a message that they're still relevant...

nice trade. i was doing fine til i got too adamant about thinking it 'had' to bounce long b4 it did- bye bye 2500 euros. thankfully, saw the disconnect with the currency and shorted EUR/JPY and made it back in about 3 minutes (whew...). got back above my high for the day, so i'm done...

sticking to the theme... i hope that i get a bloody tradeable signal b4 i slip into a coma- hasn't been a whole lot to work with so far today.

your analogy to betting on black is sophomoric at best. in fact, reading it again, it's idiotic. if you have even the most basic understanding of what he did, you'd realize how far out in left field you are with your comparison.