I'm going to start buying here, what do you think?

I don't believe that the remarks by Index Trader were meant for you . . . They were meant for a guy named Manolo that has several different "top picking" aliases that many ET members have grown rather tired of.

Thank you for sharing your day with us here.
I hope that things go much better for you tomorrow!
Keep us posted.

:)
 
Quote from areyoukidding?:

Why ask anyone else opinions? We wouldnt help you if you were wrong and most will be relieved they are not in your situation if it goes wrong.

If you need friends buy a dog.
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I already bought a dog. Unfortunately, he never has any good ideas about the market.
 
Quote from Sharp:

Okay, I have just finished up for the day and here's my thoughts....I GOT CREAMED!!! My account is down about 6% on the day and nothing I did worked. I liked the action this morning, when I went to bed last night the NQ was down 4 points, when I woke this morning is was up 4 points. I started buying QQQ calls first thing this morning, and for I while I was doing good. The Nasdaq seemed strong against the Dow and S&P so I started buying the futures, also. When the Nasdaq first pulled back to the flat line I thought we would make a strong move higher, but by 12:00 (pmt) I was already heading for the exit. By 1:00 (pmt) I was down badly so I started taking some short positions in the NQ but my lack of confidence and bad mental condition prohibited me from making any money today. Oh well, tomorrows another day. From now on, I'm going to try harder to stick to my regular intra-day trading, that's the only way I ever make any money. Hope your day was better then mine!:p
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Told ya to wait. It was too obvious to start buying it today. The bounces got seriously shook out today.

We actually finally had a nice volume day with a bit more volatility. Now it's easier to make decisions. The bears are getting their confirmations and looking to add to shorts. Now the fun really begins. Short rips provide great pullbacks and if there is follow through, there will be another nice bull run.

Don't feel bad. I've made similiar mistakes trying to play pullbacks with options on certain stocks I trade everyday. If I would have just waited a day or two on some of these trades, I would be analyzing where to take my profits now instead of where to best cut my losses.
 
Now, now Cuz.
Be nice . . .
He knows that he messed up!

But atleast he didn't come out on Monday and say that the S&P hasn't run out of gas since it just made a new 52 week high this past Friday, and that it was in a range . . . only to then take full credit for calling today's decline in the market, and forgetting to tell us about the key ingredient to his analysis being the high price of oil taking a toll on the stock market, until today.

Oh, and don't forget to add in the fundamental analysis that the strong bond market is a reflection of the Economy not being as strong as expected, and in fact quite weak. Yeah, don't forget to throw those two little tidbits of analysis in today, after the fact!

The crap in these Trading Forums is so pathetic that I might have to resign myself to butting heads with my good friend Maverick in the Chit Chat Forum from now on . . . Either that, or leaving ET to merely lurk but not post anymore like Riskarb.
 
Quote from waggie945:

Now, now Cuz.
Be nice . . .
He knows that he messed up!

But atleast he didn't come out on Monday and say that the S&P hasn't run out of gas since it just made a new 52 week high this past Friday, and that it was in a range . . . only to then take full credit for calling today's decline in the market, and forgetting to tell us about the key ingredient to his analysis being the high price of oil taking a toll on the stock market, until today.

Oh, and don't forget to add in the fundamental analysis that the strong bond market is a reflection of the Economy not being as strong as expected, and in fact quite weak. Yeah, don't forget to throw those two little tidbits of analysis in today, after the fact!

The crap in these Trading Forums is so pathetic that I might have to resign myself to butting heads with my good friend Maverick in the Chit Chat Forum from now on . . . Either that, or leaving ET to merely lurk but not post anymore like Riskarb.
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Waggie did you check out RCKY TODAY?
And how about that selloff in our lovely HOMEBUILDERS?

Oh can't forget BRL.

You can't leave the forum.............who else am I gonna talk to about the builders?
 
Quote from waggie945:

Homebuilders continue to Rock on the NYSE.
Definitely the place to be!

:)
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If you can trade em, more power to you.

I will beat the shit out of the CTX specialist if I ever see him on the street.
 
I believe I sold some to you today. Hope you make some money on it. I did. (Just kidding). I would be waiting to see end of day results. I look for this market to continue down a bit more. Good luck. Steve46
 
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