<i>"Who amongst us would keep banging away on keyboards in a day like this, when we can be outside enjoying life itself?"</i>
(slowly raises hand sheepishly from the keyboard)
Shorted a couple of times past 2pm est, caught the first chunk lower and exited at ES 23.50
Watched another sell signal setup at 1422, sat there like a newb in the headlights while it crushed straight lower post-haste. Same thing from 1412 sell signal near 3:10pm est, repeated process.
*
Tried to buy 1406 and then 1407 off the lows on way up to 12.75 but no fill on either limit order. Blew upside without me.
Last signal offered was sell ES 1408 around 3:40pm. Decided to keep what I managed to scrape together, folded up shop and watched them smash back down to 1400 level.
**
Market zigged while I zagged several times past 3pm EST. Total tally for today was +30pts ES cumulative. A couple different decisions would have been +50pts or better.
But, we all make mistakes in real life. Welcome to the new bear market, just awaking from its five-year slumber all rested & energized. Much more of this wild action to grace our charts thru 2008 if not beyond.
