Thanksgiving Week US index RALLY

Mymini's post caught my eye and I wanted to contribute something I hope would be useful regarding the Rydex data and my favorite contrary indicator (Cramer) - I don't trade the S&P futures.

I am, however, nearly at 2-1 leverage in my stock portfolio.
 
Quote from rc5781:

Ok where are you going to buy?

So let me ask you... what do YOU see in the charts that says BUY??

While I may not agree with myminis trade-style, I happen to think he is not a dummy. Buying here is a high risk trade, imo, and maybe mymini sees that too. Convince otherwise, for something other than a long scalp. Mymini isn't a scalper, I am however.

Osorico
 
Quote from myminitrading:

Holy smoke! got stopped out at 13090. Buying it again at 13045. Stop at 13010, 12986.

If at first you don't succeed try again, just manage your risk.


Ciao!

Geez what a friggin drag, came down hit me dropped 6 more and went back up. Now thats a real confidence buster. Makes me want to jump right back in. And I will.
 
Quote from myminitrading:

Geez what a friggin drag, came down hit me dropped 6 more and went back up. Now thats a real confidence buster. Makes me want to jump right back in. And I will.

Maybe I give you too much credit!
 
Quote from volente_00:

The best trades often are the ones that others are scared to take.

This is true, takes courage. Hey volente I have been thinking about Adams. Do you know if he received Citi shares in that First American buyout deal?
 
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