SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (15814)5/20/2004 9:06:38 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 207125
 
At what pt do you become bullish again? Will it take an up day or couple of days? One thing that I keep saying to myself becareful shorting into light volume... We did have some larger volume yesterday the last 2hrs on the futures...



To: GROUND ZERO™ who wrote (15814)5/20/2004 1:30:59 PM
From: Michael Watkins  Read Replies (1) | Respond to of 207125
 
Long ES and NQ here off the test of bottom. Did a scalp a few minutes earlier when it looked like it might fail and push down, this one I am still holding in case it turns out to be "the" one. Had enough scalps lately...

(add three hours to get ET:)

(May 20, 2004 9:46:48 AM)
And i may have to caboose it here.

(May 20, 2004 9:47:56 AM)
got an order ready for that too.

(May 20, 2004 9:47:59 AM)
Here it goes...

(May 20, 2004 9:48:26 AM)
Now this long really does have to go straight up. I've got a tiny profit from the last NQ scalop and I"m not risking more than that

(May 20, 2004 9:48:36 AM)
Stop to break even already.

(May 20, 2004 9:49:53 AM)
And the 5M entry kept folks in all along. .Now price needs to push up > 1087 fairly dire

(May 20, 2004 9:50:35 AM)
and it did before I could type. Ok, I am going to leave my exit stop here at break even on both ES and NQ and make a sandwich.

edit; the key to this long entry is the making of the sandwich. LOL... going to prove that Deli owners rule the market.