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One more rally,one more scalp, one more day
- Thread starter HedgefundTrader2
- Start date
wow, you are truly delusional day7793. You need to follow your own advise, and relax. You have no clue how to trade, so you come on here and antagonize people who do. Not sure who exactly you are addressing, but most of the folks I know are not scalpers, they are range or swing traders. Theres a hell of alot more to make than nickels and dimes. 2008 is starting out as a great year, for traders. You are not one, get over that.
I'm confused too. This market is a traders dream right now.
A nickel here or dime there in an etf or stock is thousands of dollars ...every 1/8th-1/4 move is big $$$$$$$$ depending on your block trades.
Hell, you are getting 5% swings in the index funds almost weekly. Go park your money somewhere else and let it rot.
A nickel here or dime there in an etf or stock is thousands of dollars ...every 1/8th-1/4 move is big $$$$$$$$ depending on your block trades.
Hell, you are getting 5% swings in the index funds almost weekly. Go park your money somewhere else and let it rot.
Quote from frank grimes:
wow, you are truly delusional day7793. You need to follow your own advise, and relax. You have no clue how to trade, so you come on here and antagonize people who do. Not sure who exactly you are addressing, but most of the folks I know are not scalpers, they are range or swing traders. Theres a hell of alot more to make than nickels and dimes. 2008 is starting out as a great year, for traders. You are not one, get over that.
To days Feb 20 th 2008 Market action was exact ditto of my post of yesterday. Hell even I got caught in it at lunch time, buying FCX when it fell and RIMM at the close when the opening gap didn't fade.
To recap, the market opened up with futures jacked to the moon in a upbeat mood which I was very suspicious and leary to begin with.
The game was all laid out. Soon after lunch missiles started raining down on the market. Selling really intensified in the last hour or so as mentioned in my original post.
We had another rally, another scalp and another sell off.
How true things can be see for yourself and look at the 1 minute charts of SPX and DJIA and you will see the pattern yourself.
Need I say more? Rest my case idiotknocks.
Quote from feb2865:
I am confused and pardon my ignorance
Are you talking to yourself?
I mean, if you're trying to give advice to the whole community, this is a wrong place to be.
I am not trying to dismiss or even challenge your views. If you want to be a perma bull and that makes you happy, be my guest. I mean who knows? maybe you're a trillionarie sitting in a pile of cash willing to withstand a 300 points dow move in 1 day.
But in case you haven't notice, the vast majority of people hanging on forums like this, couldn't care less about the bias of the market.
I feel sorry for you. Every time you post something like this, almost everyone here is making a feast off your ass. Man , don't you think is time to stop??
I know there's plenty of dumb-ass donkeys here that have nothing better to do other than beat each other to death even with the most cynical and stupid arguments...but again, this is a trader's site and they're in a very wide range...assholes (including myself of course)
You mentioned once that you're option strategist, so why don't shed a light on us and talk about that subject for a change?? Don't mean to know how you do it but maybe there's something in there that will spark us into look for more.
Again, not to be conflictive by all means
Cheers
Good post, feb. You speak the truth man.