Quote from apex82:
I am waiting to see if we get a doji tomorrow which would set up a nice place to buy some puts for a low risk short once and if that LOD is taken out. Market is trading in a pivotal zone..... Great time to be on the sidelines and pounce when the oppurtunity presents itself.
If market strengthens cover immediately for a small loss. Small losses and grand slams are how I trade. I missed the buy while taking time off so I am in hope mode that this market turns around so I can buy at new lows. I think we have another year or 2 of this bull market left.Quote from islands111:
out 1495.25
no movement today
no more trading until the Announcement
Haven't noticed any of the usual posters 'not here' (except for mbusch but we know he's traveling)Quote from apex82:
Looks like a picture perfect doji...... get ready to pounce tomorrow if the trigger occurs... looks like a 100+ point decline starts tomorrowIf market strengthens cover immediately for a small loss. Small losses and grand slams are how I trade. I missed the buy while taking time off so I am in hope mode that this market turns around so I can buy at new lows. I think we have another year or 2 of this bull market left.
Quote from jagmot:
I'm still hereHaven't noticed any of the usual posters 'not here' (except for mbusch but we know he's traveling)
Your previous post about buying on the dip and claim its so easy...but you've never once said where you've bought while making calls..and seems like most of your calls are wrong initially.
So I'm confused, you were long before Fed announcement now?
Everyone if you think I'm being too tough, then just let me know PM and I ll stop. I think my questions to islands have all been fair and not in a rude way and he has not once addressed my posts. (maybe he put me on ignore - as I'm about ready to put him on as my 3rd)
Ps. short 1 contract again sorry i couldn't post it live
http://www.elitetrader.com/vb/showthread.php?s=&postid=1611794#post1611794
Quote from Spooz Top:
the responsible thing for the fed to do is leave rates alone & not cut but i`m sure we`ll see the .25 with an easing bias.i don`t see a .50 but if we do,it`ll provide the ultimate sell once the rally fades & still looking for a catastrophic enema & a massive transfer of wealth....just a matter of when.
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