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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (6168)6/24/2010 12:09:16 PM
From: happy_camper4 Recommendations  Read Replies (1) | Respond to of 220517
 
<<system trading is like flying a plane with no windows, you can only rely on your instruments>>

It's a good thing you don't have windows, you wouldn't like what you saw outside right now but I think I see the sun starting to peek through all the dark clouds...maybe not.



To: GROUND ZERO™ who wrote (6168)6/24/2010 12:14:08 PM
From: Tellzhang  Read Replies (2) | Respond to of 220517
 
"system trading is like flying a plane with no windows, you can only rely on your instruments...wow! it is so true. No wonder I feel scare...:-)



To: GROUND ZERO™ who wrote (6168)6/24/2010 1:09:52 PM
From: fred woodall1 Recommendation  Read Replies (1) | Respond to of 220517
 
I'm in 1077 with tight stops for a day trade only.

Market has pretty much always ignored political waves however I think most people are becoming very concerned in reference to this country’s leadership and the direction we are heading. We have the same crowd that blew up the markets in 08' writing reform legislation for crying out loud.

I could be wrong, however I will admit, this is the reasons I'm not willing to hold. Risk/reward at this level to bet with the fat finger just isn't worth it.



To: GROUND ZERO™ who wrote (6168)6/24/2010 2:50:17 PM
From: Paxb2u1 Recommendation  Read Replies (1) | Respond to of 220517
 
GZ--- None of my indicators (on daily chart) are extremely oversold. Maybe by EOD tomorrow. If it is I'll probably go long at that time.