YM Traders

blackguard · Sep 1, 2005

Im out at 470

volente_00 · Sep 1, 2005

short at 10470

volente_00 · Sep 1, 2005

ripley ,

where are you ???????????????

volente_00 · Sep 1, 2005

20 point stop set

volente_00 · Sep 1, 2005

Stop hit for a 20 point loss.

FuturesTrader71 · Sep 1, 2005

Please explain the trade. Why did you get long? Why is the target 460?

Thanks.

Ripley · Sep 1, 2005

Short 9 contracts at 470, yes.. NO STOP.

Ripley · Sep 1, 2005

....looking to count my blessings and get out ASAP at a decent point.

volente_00 · Sep 1, 2005

I am bullish on tuesdays and thursday, I was basing the trade on a double bottom today, using support from Tuesday's and weds. previous resistance at 10425 on the index..

http://finance.yahoo.com/q/bc?s=^DJI&t=5d

I shorted at 10471 using this mornings previous support before it broke dow. I was early and it cost me 20 ticks.

volente_00 · Sep 1, 2005

"Short 9 contracts at 470, yes.. NO STOP"

Tell me you were long from 430 ish to 470 before shorting ?