JT. OT
Thanks you are generous and kind, I think you have been a claming influence on my desire to be always long although knowing perfectly well that we are going to see a break down. Others who have helped me are my critics who wait to see when I will be wrong. Luckily, friends and foes have helped me better my skills, I have imporved tremendously and as I read back, I am sometime astounded to see the levels I give.
I send my posts on e-mail to Ray and he passes them on to some real strong pros they all think that this is first class material. Macro- economics translated into trades, imagine that feeling pre numbers I was writng about numbers will be strong and either Thursday or Friday we will see a break and a bounce, on Thursday night I broke my discipline and after seeing PPI thought that CPI will be confimatory but did not enter until after the number, helped my self, all this discipline and long posts help me a lot, thinking trader is a best trader, I write 14 hours before market opens I don'r re-think my stance, my levels are gaining currency, I take credit without shmae I deserve every bit of it, remember I write blind to my ownself when I get it right I tell myself Great job, but I thrive to become better and that I do with style. I don't worry about this too much like it rather, my long posts are to my ownself and I am the benefactor and I am the spectator of this darama, I am the one that applauds the brinkmanship.. That eccentricity has made me sharp and good as I know if I get it wrong knifes come out.. The best call of the week was on Friday I said even if Fed does not do anything we will see a big break that we did and bounce we went to 1328 and came back up we traded this move, it was against CW, as Ray thought we should be longing on Fed inaction..
Now if we have this double close below these levels we will hit 1292 on SPM, we may have a sharper retracement, but lets keep a watch of SOX 392 this is going to give you the first signal of long, BKX 872 th second DOT 595 the htird and COMP 2506-09 the fourth.. Keep bonds long.. at the moment colect your put premuims around 1302-5 area.. Re-establish them inter day if levels like 1298 are out of if 1292 is taken out.. Just enjoy your trading and do it the right way.... Thanks for a good influence and thanks for that complacency post.. |
