Well, here we are exactly where we are supposed to be. As per my posts the last several weeks i expected a panic low around the 15th, 1210-1211 or the other number i gave 1177. im long 2 es at 1177 and holding over nite. The news all day was horrible , even scary. the vix got over 30, and my downside number has been achieved. I went 100% my 401k at the close today.Is this a significant bottom? ALLthe pieces seem in place, but a rate cut by the fed would help. Time will tell.
covering 1290.50. 27 handles.
gotta sleep, order in to buy one at 1282.50, 8 point stop.
although I don't want to see it , I think they will need to retest 78 - 76....sure hope I'm wrong on this today
just did, but so fast i could nt get in!
Nice call and trade kool!! I haven't seen the markets move this much since 2001, its an amazing thing I hope it last for a long time.
long 2 @1276.25 4.5 stop
Im going to be honest, the only way i held that trade for a huge profit was i called my broker from work to get in, played it with an 8 point stop(huge for me) and didnt watch it at all untill i got home near 2:00 am! Ive been scalping for so long its hard for me to hang on if im watching it close.
Hit 1217 exactly as it should have, gotta go 2 work, see ya manana!