Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Beautiful entry and exit. I too purchased long but exited far sooner than you. I had a measured move up to 1039.00 and shorted 1038.75. Excellent trade, sir!
Carl, your best entry yet since I have been following.My trading partner and I are watching daily.DJ
Very Nice!Don't bet against Carl
Hi Carl,My model had a confirmed buy signal yesterday and a beautiful follow through today. We're going much higher and sooner than most people expect. I don't think 1200 is out of the question by late October.Thanks.Kindest regards,PM
Carl,Guess I am one of those many, many amateurs you mentioned. After following your blog for more than 4 months now, I finally put money in it this week and I am glad I did!!I wonder if you have any advice for the amateurs in how to remain disciplined given brokers require just ~2-3K margin for eminis. Guess one of the tough aspects of trading this way might be to have absolute control so that one doesn't go overboard to risk it all/loose it all.Thanks again for sharing your insights!Cheers,PA
CarlYou are obviously very good and I like your logic.I would appreciate any views you have the bond market, especially the yield sell off today and how you see that impacting equities near term.Keep it up.
Carl - seems Tim Knight has been following your blog as well (or at least has caught up to you in your forecasts):http://slopeofhope.com/2009/09/heading-to-1080.html
Technical or not this thing is going to 1200 fast and woon't be looking back1200 was pre-lehman and will confirm that outside the financil panic we are experiencing just another recession..
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