Black Monday ??

Hi Samson,

Nice analysis. The bears ARE still in control for now....Agreed.

Since when did you go from zero to hero.:D :D :D


Good Trading,
WD
 
Quote from wdscott:

Hi Samson,

Nice analysis. The bears ARE still in control for now....Agreed.

Since when did you go from zero to hero.:D :D :D


Good Trading,
WD
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how could you say the bears are in control? today was a bear spanking and tomorrow is shaping up as a bear killing. now if you covered friday and shorted tomorrow maybe you can scalp a profit but if you shorted monday morning on all this crash talk you are going to get hurt short term at least.
 
Quote from Samson77:

Oh I covered but not all .... and it also depends on your timeframe!

I personally like to hold a core position and add and subtract off of it.




ET is hilarious .... :D

Everyone in here thinks that their way is "The only" way.

We need to stop this nonsense people as there are LOTS of ways to make money from the market.

Hank - this was a great call and you deserve full credit !

For those of you that are just frustrated and envious because you missed this ride, you need to chill out and catch the next one.

At least Hank had the balls to go out on a limb and he gets full marks in my book it took courage to share it in here with everyone, considering this crowd.
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thanks, samson. not sure whats up with these guys..... you may be on to something ! hey, before i forget, did you ever visit maestro's office?
 
Quote from hank rollins:

thanks, samson. not sure whats up with these guys..... you may be on to something ! hey, before i forget, did you ever visit maestro's office?
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No I didn't ... I was avoiding it because I know if I see that set up, I will want to run out and buy a bunch of stuff that is not necessary for me right now. :D

I will though and I will pm you after I do if my fiancee doesn't shot me for the buying spree ... lol.

wdscott .... ty :)
 
Quote from vhehn:

how could you say the bears are in control? today was a bear spanking and tomorrow is shaping up as a bear killing. now if you covered friday and shorted tomorrow maybe you can scalp a profit but if you shorted monday morning on all this crash talk you are going to get hurt short term at least.
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Hi Vhehn,

Obviously today was up but it was a rather weak day according to my analysis.

I know Samson trades longer term and my comments were geared to that time frame. And in that respect, the bears are still in control. We need more upside movement and volume to invalidate my bearish stance.

Intraday, I micro trade (scalp) both long and short so I don't think I'll get too hurt. I have another account for my Macro trades (longer term) which went bearish again on the 13th. I trade multiple timeframes for diversification and keep separate accounts for each activity.


Regards,
Dave

 
Quote from Samson77:

No I didn't ... I was avoiding it because I know if I see that set up, I will want to run out and buy a bunch of stuff that is not necessary for me right now. :D

I will though and I will pm you after I do if my fiancee doesn't shot me for the buying spree ... lol.

wdscott .... ty :)
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LOL !

looking forward to your opinion on his set up.
 
Quote from Samson77:

At least Hank had the balls to go out on a limb and he gets full marks in my book it took courage to share it in here with everyone, considering this crowd.
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It took courage to be 100% wrong??
 
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