Thursday, September 25, 2008

Out

I was expecting a strong close but it's not happening, so I sold my two long units at 1214.25. 

I am still bullish and expect to put this trade back on tomorrow. 
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6 comments:

  1. Sqroot9/25/2008 04:15:00 PM

    Nice trade, never-the-less. Expecting down manana, with a buying opportunity. Bulls can't be happy with the action of RUT today.

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  2. Anonymous9/25/2008 04:17:00 PM

    This downside intraday it's only an abc correction closing a one day cycle. You'de better stay in, long. It's the same here, in Italy ;-) Pier

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  3. Win9/25/2008 05:08:00 PM

    Nice trade, Carl. RIMM's after hours earnings disappointment should affect the open.

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  4. Anonymous9/25/2008 10:47:00 PM

    carl,

    any chance market may go down to retest the laws based on RIMM earnings, wamu FDIC takeover and bailout fell apart? thnx

    Tony

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  5. Anonymous9/25/2008 11:19:00 PM

    Mr. Carl, I never traded the S&P e mini's, do you need a broker for that?? I have bought an S&P indexed fund thru a retirement account but have never traded them as you are doing. What ticker symbol are they and how would I go about that?? I don't short stocks but would be interested in learning how to trade long on them. TIA and forgive my stupidity on the subject. Kind regards, Janet

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  6. Anonymous9/26/2008 02:24:00 AM

    I would not base all my analysis on a single chart.
    Catherine

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