Wednesday, August 12, 2009

Sold long unit at 999.25

7 comments:

Me vs. Wall St said...

That was a nice breakfast. Enjoy the rest of your day.

unleaded said...

What is the matter with you there in America? Why so much volatility? And in the middle of August!!!

Jim said...

Carl

That was a quick trade. I agree we'll likely trade higher, perhaps over 1010 as the day unfolds. Where to re-enter is the the question?
Regardless, you show an economy of scale in trading skills. Thats the sign of a successful veteran.
Congrats,

extrader said...

GREAT STUFF CARL!

extrader said...

Gap filled and could just drift here and wait for the FED, but wouldnt be surprised if we went down from here, since 1006 is resistance on ES... jmo

extrader said...

I see support at 1000 and 998 ES

Depending on what the FED says if we break below 998 then prolly head down to 990.... jmo

John said...

Carl made a good trade and a reasonable exit. Oftentimes the market wanders for the few hours before the Fed meeting. Nice profit.