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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (5303)8/17/2002 5:40:22 PM
From: Win-Lose-Draw  Respond to of 30712
 
they are screwing with everybody.....

they got me this week. i had pair of beautiful trades on ILA and they took most of it back by wiping out my QQQ puts. what really annoys me is that friday morning i was in the green but instead of taking a profit - any profit - on an expiry Friday i stayed with what the chart told me.

ok, so you trade the plan, sometimes it goes bad, it happens.

where i screwed myself was in not recognizing soon enough that the chart was broken and i needed to get the h-ll out of the way. ah well, live and learn, if i hadn't been feeling so flush from the ILA trades maybe i would have respected my stops a little better and i wouldn't be boring everyone with my weekend whining. -g-

the question for monday AM is do i play the sell signal i got on the QQQs right at EOD friday. i'm guessing i probably will...



To: Jeff who wrote (5303)8/17/2002 6:02:02 PM
From: Pigboy  Read Replies (1) | Respond to of 30712
 
jeff,

so, if 1459 is taken out on this ramp in the coming weeks, the retrace is not over? just trying to clarify. sorry.

i take a look at death blows and anti-venom now in stocks and indexes because of your theories. cool stuff. thanks.