wtf was that at 4pm. huge high vol selling

I bought 14 at 1496.50, just to help my cost average. I swear that I'll buy no more.

To steel myself for the demise, I have Philip Glass playing "Solo Piano." Metamorhposis I through V, followed by Mad Rush, then ending with Wichita Sutra Vortex. Check it out! The numbers under the bar code are 7464-45576-2
 
Just FYI I bailed most of my ER2 trade and am working on what's left. Had a good day and don't wanna throw it all away. Certainly doesn't have much spring in the bounce just yet... :cool: So thin right now, gotta be easy.
 
Major support being tested and possibly broken with a wash out into the close and you are long 80 emini contracts based on what? That's a lot of heat, you must be the next Ed Seykota.
 
Quote from kinggyppo:

Major support being tested and possibly broken with a wash out into the close and you are long 80 emini contracts based on what? That's a lot of heat, you must be the next Ed Seykota.
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Actually he would have closer to 100 on board
 
Quote from trader225:

LOL. I got brainwashed into buying "strength." Why bid when you're going to buy when the market is moving down?
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I could have asked the same question about 2 points ago!!
 
Quote from Spectre2007:

the punchline is that hes a oil shiek with a few billion to blow and the rate hes cost averaging he can do it indefinately.
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Not the case. I could bust out, if I keep cost averaging.
 
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