Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Friday, September 26, 2008
Short
I just sold one unit of the e-minis at 1198.00. I am betting that we have seen the high for the day.
4 comments:
Anonymous
said...
I always get an uncomfortable feeling when I'm trading against Carl....
Nevertheless I must remain true to the long position from 1200. It's a small position with a wide stop. Target high for the day is for an approach to 1239.
On the path higher there will no doubt be resistance. First around 1203, then again between 1206 and 1211. We should then have clear sailing towards yesterday's high around 1225.
Have just added to my 1200 long at the same price and of course tightened my stop. It's still not a big position. Will wait for the move to get started and will then add on pullbacks.
I don´t know about that............ the Bear camp is pretty crowded and actually the mkt. should already be trading a lot lower according to the news.... but it doesn´t
4 comments:
I always get an uncomfortable feeling when I'm trading against Carl....
Nevertheless I must remain true to the long position from 1200. It's a small position with a wide stop. Target high for the day is for an approach to 1239.
EDS
Methinks you are right Carl. Too much of that cheerleading garbage on CNBC. Fade em.
spf5
On the path higher there will no doubt be resistance. First around 1203, then again between 1206 and 1211. We should then have clear sailing towards yesterday's high around 1225.
Have just added to my 1200 long at the same price and of course tightened my stop. It's still not a big position. Will wait for the move to get started and will then add on pullbacks.
EDS
I don´t know about that............
the Bear camp is pretty crowded and actually the mkt. should already be trading a lot lower according to the
news.... but it doesn´t
cheers
Susn
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