Quote from RainMann:
NYSE asks if anyone thinks there is further upside.
I respond that it looks to me like it hit a strong resistance point. But all I have to go on is the mainstream point of view.
Trade what you see. That is all I see.
I post too much. ( I feel the heads nodding...)
I will sleep and let some real work go on here.......
RM
Quote from jim2000:
Sorry for calling you a teacher, it won't happen again.
I get it that what works for one may not work for the other. I am here to discover the one thing that will help me the most, and that is the 'obvious'.
I am presuming, notice I didn't say ASSuming, that the 'obvious' is a specific action that must be taken by me, the trader, to 'easily' take money from poor schmucks, like me currently. If the 'obvious' is nothing more than 'do what works for you', then I guess I already know the 'obvious'.
This thread has already caused me to analyze my trading and I have made some changes which I think will greatly improve my bottom line.
One thing I am doing now is trading alot smaller size while I am in the process of getting back on track, or maybe not back on track but just getting on the track.
Have a good one.
Quote from jim2000:
If you had the cash to buy the stock I would hold onto the puts. They will more than likely expire worthless, for the buyer that is.
but if you are wrong, I will say, there you go, that is what you get for listening to other traders - hold to expiry it is, just hope I don't have to resort to "un-natural" clothing to get out of this worm hole

Quote from jim2000:
It is better to teach a man to fish than to give him a fish. He can then eat for his entire life. Is that the point you were trying to get across with the Picaso?
You are teaching us to fish to make us self sufficient.
Picaso had a real interest in painting.

Quote from TapeFighter:
ROFLMAO This one is a masterpiece!![]()