YM Traders

EqtTrdr · Jan 9, 2006

market going to sell tomorrow because of this imo

http://www.space.com/news/051103_asteroid_apophis.html

porgie · Jan 9, 2006

FOR EVERY SELL THERE IS A BUY

mhashe · Jan 9, 2006

Quote from satchel:

long is wrong! Making $$$ now

I'd take my profits while the profit taking is good. This will open in the 11040 area in the am,

duard · Jan 9, 2006

Quote from duard:

Looks like tommorrow may set-up for a sell-off. We shall see.

Shares of the first Dow Industrials company to report in the earnings season fell sharply after-hours, dampening some market euphoria on a day when the Dow closed above 11,000 for the first time since 2001.

So long 11K

volente_00 · Jan 9, 2006

Knew my short was right, but laying off overnights for now but very tempted to snag a few for T day early.

Will T day pull it off tomorrow ?

support right here from yesterday

http://quotes.ino.com/chart/?s=CBOT_YM.H06.E&v=i

volente_00 · Jan 9, 2006

Quote from mhashe:

Long 11016. When was the last time MRC let this thing gap down?

Need some company ?

volente_00 · Jan 9, 2006

In at 11019

satchel · Jan 9, 2006

Last chance for pigmen to ring da bell 11K today, hope you didn't buy the top :eek:

Meanwhile, Nikkei is trying to recover some, but still down
http://finance.yahoo.com/q?s=^N225

Staying short ES and YM

Pekelo · Jan 10, 2006

Quote from mhashe:

I'd take my profits while the profit taking is good. This will open in the 11040 area in the am,

It is opening around 11008. But I am curious how did you play it? There was a 10 point updrift after 11 pm, but you went long at 11016, (so your best price was a breakeven) and after that updrift it dropped 20. So did you get stopped out or are you still holding???

This was an interesting night for the MRC, I want to hear how one supposed to play when the market moves like this?

satchel · Jan 10, 2006

Quote from satchel:

Tough day today with all this psychological 11K b.s. If you use a ruler and a crayola trendline you did well We better have the mother of all gap downs tomorrow cause I am locked and loaded here

Good morning! Lovely 7pt drift for ES and 50pt drift for YM! Time to bank. Who knew! And imagine the possibilites by Friday.