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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 (35970)8/3/2012 8:27:02 PM
From: Wayners2 Recommendations  Read Replies (1) | Respond to of 218461
 
Rapid up moves don't even phase me anymore. Take profits if long, short it, there are no big upside breakouts to worry about period. They think it will scare you if you are short or make you go long...BS. The biggest lie has to be the breakout. A break a little bit higher a little bit lower....Higher high, sell it, lower low, buy it. The machines aren't that smart which leads to my next paragraph.

I couldn't believe what happened to Knight. Incredible. In order to save money they had nobody overseeing a computer trading. That is just unreal. Nobody could just unplug the computer. Reminds me of that old movie War Games where they couldn't just unplug the WHOPPER to prevent thermonuclear war.