Blue Chip Bulldog - Latest Comments in Trades for 10/22/09

Re: Trades for 10/22/09

urszula — Sun, 25 Oct 2009 08:16:19 -0000

Can't recall how the day closed but i hope you did well, Pink.
The ES is far from my thoughts and will be for the next few weeks.
All the best with your trading, dear Pink.

Re: Trades for 10/22/09

urszula — Sun, 25 Oct 2009 08:14:11 -0000

My apologies, loafy.
I realised - too late - how brusque my reply seemed. 'Twas not my intention.
I am running around like a mad thing getting everything organised so I can fly to see my not-very-well Mama.
I appreciate the point you made but cannot "check my charts" as I have none to check ;-)
Hope you're having a pleasant weekend.

Re: Trades for 10/22/09

stealthadvisor — Fri, 23 Oct 2009 19:43:42 -0000

Hi Moo,

Yes, I'm on twitter...or at least that's where I tend to make comments.
Mostly on the ES.

Things are good. I'm sim trading the ES, which is getting better. I've been
good on direction but still need work on trade entry.

I tend to read the blogs mostly by my disqus subscriptions, which cuts out
the chit chat.

I hope you feel better soon. Maybe you can still get some good rides in
before it gets too cold. I'm a long retired racer, but I've been training
fairly hard recently.

Cheers,

Re: Trades for 10/22/09

moo — Fri, 23 Oct 2009 19:23:44 -0000

thanks toad.

Re: Trades for 10/22/09

moo — Fri, 23 Oct 2009 19:23:18 -0000

I do, but if there is follow thru tomorrow on this market going higher, I
may abandon it.

Re: Trades for 10/22/09

InthePink — Fri, 23 Oct 2009 19:19:46 -0000

yeah I don't blame you... I was very surprised to see 1083 taken out
and then 1088. As a consequence i avgd in short @ 1089 and 1091

Re: Trades for 10/22/09

Brinkley — Fri, 23 Oct 2009 19:18:34 -0000

Yep. It may need to consolidate a bit near the first gap, but so far it
looks excellent. I'll continue to hold at least half of my position unless
the market deteriorates significantly before the close. My FSLR and BIDU
longs are also working nicely now.

Re: Trades for 10/22/09

InthePink — Fri, 23 Oct 2009 19:17:17 -0000

Awesome deal... I guess I will read his older one first, then move on
to the Daily Trading Coach. Thanks for the info!

Re: Trades for 10/22/09

toad 3,7 — Fri, 23 Oct 2009 19:17:09 -0000

Nah, tempted too, but I need to start relying on myself... take off the training wheels for a while and trust myself. I'm focusing on attitude and money management... the right trading system or technique will come in due time.

Re: Trades for 10/22/09

fstrtrdr — Fri, 23 Oct 2009 09:05:50 -0000

Aha, I recognize that voice of temptation. You must either be really good at catching these things or have a larger (disposable) account than I do - or, probably, you're more disciplined to stop out.

Re: Trades for 10/22/09

moo — Fri, 23 Oct 2009 08:43:39 -0000

New Post!

Re: Trades for 10/22/09

Tazman — Fri, 23 Oct 2009 08:42:38 -0000

NCS on my screen.....

Re: Trades for 10/22/09

Wahoo — Fri, 23 Oct 2009 08:32:01 -0000

MSFT is running up now. I looked at it 5 minutes ago and it was up less than one percent.

Re: Trades for 10/22/09

Wahoo — Fri, 23 Oct 2009 08:29:45 -0000

Too bad we didn't know this two days ago...

Re: Trades for 10/22/09

fstrtrdr — Fri, 23 Oct 2009 08:27:42 -0000

SYNA & AMZN in ah & premarket are talkin loud. I hope they keep talkin after Big Ben does his talkin'.

Re: Trades for 10/22/09

Wahoo — Fri, 23 Oct 2009 08:18:23 -0000

Good moorning all. Good luck to everyone today.

Re: Trades for 10/22/09

Tazman — Fri, 23 Oct 2009 06:49:02 -0000

When the market starts a quick turn as we saw....do you use ETF's....shorts.....what are your weapons of choice?

Re: Trades for 10/22/09

urszula — Fri, 23 Oct 2009 02:09:12 -0000

I don't use charts.

Re: Trades for 10/22/09

shifthappens — Fri, 23 Oct 2009 01:42:22 -0000

From optionmonster for tomorrow:
Home sales are the only item on economic calendar today, but first we will get a speech by Federal Reserve Chairman Ben Bernanke on the supervisory landscape at 8:30 a.m. ET. While nothing market-moving is anticipated, there is always a risk of price swings during his talk.

At 10 a.m. ET, Existing Home Sales will be released. Expectations are for the unit number to rise from the last report, with a forecast of 5.35 million units. The range is from 5.21 million to 5.5 million.

Re: Trades for 10/22/09

Dutch — Fri, 23 Oct 2009 01:13:11 -0000

What kind of performance did you end up with on the account?
# of weeks
% gain or loss

I took 100k: lost 30k, made 23k, then I started fooling around and throwing darts. I basically took a 100k account and churned 100k of it up and down in 6 months, ie. my total profit and loss was 100k of profit and 107k of loss. Kinda feels like internet casino!

Re: Trades for 10/22/09

Dutch — Fri, 23 Oct 2009 01:03:01 -0000

This pretty much sums up my lack of enthusiasm lately:
http://bespokeinvest.typepa...

Re: Trades for 10/22/09

Dutch — Fri, 23 Oct 2009 00:38:03 -0000

Our whole market is a pump and dump.

Re: Trades for 10/22/09

Ashok — Fri, 23 Oct 2009 00:21:04 -0000

It's at a new 52 week high in the AH.....and the chart says higher...if it can stay above 26.60/26.75......I did sell it though in the AH.....

Re: Trades for 10/22/09

Teich50 — Thu, 22 Oct 2009 23:47:07 -0000

You are right...follow-through is key. The bears sure did not follow through today.

Re: Trades for 10/22/09

moo — Thu, 22 Oct 2009 23:18:03 -0000

Hard to say at this point. Let's' wait and see if these bulls can hold /ES 1080 area. That is the key level imo. For all intents and purposes, these two days accomplished zero. Perhaps a warning shot to the gov't that these bankers don't like having their bonuses messed with...I'll be watching GS, MS, with their so called commercial banking status (give me a break) yet are taking high risk leveraged positions and putting the public trust using tax payer money at constant high risk. This is nothing short of blackmail imo....their charts will tell us everything we need to know.