3/7/11 perfect day to sell into higher open

[volente_00]

Quote from Tsing Tao:

looks like a good call so far, flydown.

but not as good as this

Quote from volente_00:

word on the street is we make a new top at ~1340 soon

 

[david666]

Quote from volente_00:

but not as good as this

Which wasnt even a tenth as good as this because my call made you money multiple times

I am shorting the S&P 500...I think a top is being put in however I am not like another poster and will not be updating the top every day

my zone is this

1330-1345

stop in the neighborhood of 1355-60

I know what you are thinking, another top call but ive only called a top once and that was back in May of 2010.

If im wrong im wrong but im usually not.

please no posts about how ridiculous I am shorting this , if it goes past my stop ill admit I was wrong.

David

 

[Pekelo]

Quote from fly down:

sell on the open, cover on the close. its money in the bank amigo.

Well, I don't know where we are going to close, but this has been a helluva call so far, 20+ points down from the opening runup....

If you have more calls like this, please don't hold yourself back!

 

[fly down]

Quote from Pekelo:

Well, I don't know where we are going to close, but this has been a helluva call so far, 20+ points down from the opening runup....

If you have more calls like this, please don't hold yourself back!

Pekelo you've known me for some time and this is the first time I ever made a single day call like this.

It has been a helluva ride, I hit my max profit I wanted for the day so I covered much of my positions.

wow.

 

[galvinlee888]

Buy the dip in the closed

 

[Tsing Tao]

Quote from fly down:

Pekelo you've known me for some time and this is the first time I ever made a single day call like this.

It has been a helluva ride, I hit my max profit I wanted for the day so I covered much of my positions.

wow.

maybe you should stick to single day calls. i have to agree, this was an excellent one.

 

[Fireplace]

Nice call but what real trader has a max profit goal??

Quote from fly down:



It has been a helluva ride, I hit my max profit I wanted for the day so I covered much of my positions.

wow.

 

[fly down]

Quote from Fireplace:

Nice call but what real trader has a max profit goal??

lol

A successful, disciplined trader always has a specific price where to close a profitable trade.

 

[Fireplace]

Yes, one trade....but why be done just because of some arbitrary max profit goal? If conditions exist for further profits, then why not keep trading?

You didn't make it clear what you meant.

Quote from fly down:

lol

A successful, disciplined trader always has a specific price where to close a profitable trade.

 

[Bob111]

for those,who didn't cover yet i think it a good time to do it now