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Politics : Am i weird or are the rest crazy? -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (2209)1/23/2008 7:44:50 PM
From: stormrider1  Read Replies (2) | Respond to of 3244
 
Max, I bought DRYS and GRMN fairly heavy (my regular traders) right before that post. Believe me I was sweating bullets for a few hours, but it worked out nicely. I usually trade AMZN too, but it has a funk hanging over it so I avoided that one.

I've been watching the transports and they came out of the gate strong this morning; that was a hint. I also use the Q's as a proxy for my trades since I trade mainly Nasdaq stocks. I pulled up a yearly chart of the Q's this morning and realized we were in the same territory as last March's lows. We slightly under cut the March lows, but I notice we often do that in a support area. This was probably one of the best planned trades I've had recently.

Mike



To: LTK007 who wrote (2209)1/23/2008 7:55:56 PM
From: stormrider1  Read Replies (1) | Respond to of 3244
 
Max,
By the way your spx 1405 bear call was spot on. I wish I had followed your call and gone short in that area; it was simply a waterfall after that number was smashed.

Mike