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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (28891)1/31/2008 8:01:35 PM
From: TobagoJack  Read Replies (2) | Respond to of 218074
 
i am taking woundings,
hopefully short term,
on the negative bets, due to either hopeless hope or scary cat short covering - cannot be worried about that, because the positioning must be given ample time to play out, just as when my currency wagers went against me early last year, to be rewarding only a bit later on.
on the pspt positive bet, the board rejected 17 bid, shopping for higher still offer, and the folks nervously rush for exit - i choose to ignore the noise
gold is OK
a time for testing of faith, and trial of conviction



To: Cogito Ergo Sum who wrote (28891)1/31/2008 9:14:38 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 218074
 
LOL...

Yes,,,

Up 10% overnight on the whole FXP boatload, only to dump them all in the sea by this evening. Stopped out for 2 points @ 100.80.

Tried to grab another 10% this morning on the strangle by selling 110 calls against the position and loading up on poots, but alas too many other things juggling at the same time multitasking market-- chemistry, explosives..etc... blinked and missed, got greedy and had to send them down the plank one by one..:(

I have no convictions to trial or test. I'm basically wishy washy. My system is, make money first, never turn winning trade into a losing one if can be avoided. Sacrifice the prisoners if need be. After all, it's easier to push them out the hatch in green jumpsuits than red ones.

Hehehe,,, can't believe the dollar is holding up against the Yen. I'm convinced that the Japanese are buying dollars just to screw with us...

V