Funny, I was thinking the same thing. Japan started selling off and they kept hitting the 1343 but it just wouldn't move. I don't know who was buying thousands of contracts there, but it seems strange. When the Hang Seng opened down they ran for the hills.Quote from callmate:
Someone is surely reading this thread, now the price has moved.
ES Journal Archive (2006 - 2008)
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http://www.elitetrader.com/vb/showthread.php?s=&postid=1761566#post1761566
damn did shorts get it today.when will they learn?
I see some nice AH in ES.
looks the beginning of a new Bull.
blackguard
damn did shorts get it today.when will they learn?
I see some nice AH in ES.
looks the beginning of a new Bull.
blackguard
somethings are not what they seem
:eek:
anyone catch the rule of 10 long tonight ?
+5 and counting
"Winning is not a sometime thing; it's an all the time thing. You don't win once in a while; you don't do things right once in a while; you do them right all the time. Winning is a habit. Unfortunately, so is losing.
"There is no room in trading for second place. There is only one place in this game, and that's first place. It is and always has been an American zeal to be first in anything we do, and to win, and to win, and to win.
"Every time a trader goes to make his trade he's got to start from the ground up - from the soles of his feet right up to his head. Every inch of him has to be in a trade . Some guys trade with their heads. That's O.K. You've got to be smart to be number one in any business. But more importantly, you've got to trade with your heart, with every fiber of your body. If you're lucky enough to be a trader with a lot of head and a lot of heart, you will never going to come off the battlefield second.
"Trading is no different than running any other kind of business. The principles are the same. The object is to win - to beat the other guy. Maybe that sounds hard or cruel. I don't think it is.
"It is a reality of life that men are competitive and that trading draws the most competitive men. That's why they are there - to compete. They know the rules and objectives when they get in the game. The object is to win
"And in truth, I've never known a man worth his salt who in the long run, deep down in his heart, didn't appreciate the grind and discipline of trading. There is something in good traders that really yearns for discipline and the harsh reality of head to head combat in the market.
"I don't say these things because I believe in the 'brute' nature of man or that men must be brutalized to be combative. I believe in God, and I believe in human decency. But I firmly believe that any man's finest hour - his greatest fulfillment to all he holds dear - is that moment when he has to work his heart out in a good cause and he's exhausted on the field of battle - victorious."
"There is no room in trading for second place. There is only one place in this game, and that's first place. It is and always has been an American zeal to be first in anything we do, and to win, and to win, and to win.
"Every time a trader goes to make his trade he's got to start from the ground up - from the soles of his feet right up to his head. Every inch of him has to be in a trade . Some guys trade with their heads. That's O.K. You've got to be smart to be number one in any business. But more importantly, you've got to trade with your heart, with every fiber of your body. If you're lucky enough to be a trader with a lot of head and a lot of heart, you will never going to come off the battlefield second.
"Trading is no different than running any other kind of business. The principles are the same. The object is to win - to beat the other guy. Maybe that sounds hard or cruel. I don't think it is.
"It is a reality of life that men are competitive and that trading draws the most competitive men. That's why they are there - to compete. They know the rules and objectives when they get in the game. The object is to win
"And in truth, I've never known a man worth his salt who in the long run, deep down in his heart, didn't appreciate the grind and discipline of trading. There is something in good traders that really yearns for discipline and the harsh reality of head to head combat in the market.
"I don't say these things because I believe in the 'brute' nature of man or that men must be brutalized to be combative. I believe in God, and I believe in human decency. But I firmly believe that any man's finest hour - his greatest fulfillment to all he holds dear - is that moment when he has to work his heart out in a good cause and he's exhausted on the field of battle - victorious."
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