Tuesday, May 18, 2010

sold one unit at 1131.00

6 comments:

Kishore said...

Carl, you are a great guy. Admitting and correcting your "mistake" in front of the whole world makes you greater. I salute you!

Me XMan said...

This market is psycho.

tempo said...

Buying at 1130 to 1140 ES is not a mistake. Most indicators ($NYHL, VXX, RSI, 50 day MA) are very similiar to Feb when the last rally started. Market is oversold and ready for a rally. On the 30 minute ES chart the slow stochastics is now crossing at 20, another buy signal.

andi said...

i think it was a bad trade on carls' part..he should have added to his position//

Jack said...

Andi,

Surely you're kidding, right?

Averaging down can be a losers game

modazfuk said...

Carl bailing at a loss when he did isn't looking so bad now, is it? If Carl was a newbie, he would still be averaging down.