ben and company have more information and insight into our economy then you or i ever will - their actions reflect such.
the fomc was correct to pause and give current policy time to take effect. people need to stop worring about why the fed is doing what they're doing and realize the fed is...
i am not usually this forward, but you are a fool.
please don't cry because you used stops. stops lose you money -bottom line. there are ECN spikes - always has been and always will be. if you have a stop expect to at least once in your life get spiked-out.
-krazy
actually the only people that lost out were the ones with bad stops. you had 2 exit points within 10 minutes regardless of which way you were playing. long - exit on the pop, short, exit at the close.
the ones who lost out got greedy.
scottrader elite was fine. kept up nicely with the vix move.
scottrades commissions suck for active traders, but their elite platform with trade ideas, the newswires, level 2 and charts really can't be beat.
word! :D already did that, still trying to recover from the losses.
i am actually up around 200$ today, but my goal was to get my contracts at a better price.
i don't care about direction - i just like volatility.
for most people:
-the emoticons
-my "unbiased" comment
-followed almost immediately by posts stating i am with the company
would convey the fact that i do work for them - and that i have somewhat of a sense of humor.... :cool: :D
waiting. i don't expect a big move until tomorrow.
if cisco has good numbers and good guidence after the close, i expect the nas to start coming back....
i think you're right steve. i don't have a good handle on where the trend is right now. a few more sessions and I think we will have direction for the next few months.