Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, February 19, 2008
E-mini Update
As I said in this morning's guesstimate I had limit buy orders at 1356.00 which was touched by the market but not broken. I didn't get filled so I put in a market order and bot 1357's and am still going to use a 1346 stop.
I'm wondering why you're going with such a tight stop. Looks to me like the cash index could drop as low as 1345 (to complete an ABC from the high made earlier this morning) and still go from there to higher highs.
1 comment:
Hi Carl,
I'm wondering why you're going with such a tight stop. Looks to me like the cash index could drop as low as 1345 (to complete an ABC from the high made earlier this morning) and still go from there to higher highs.
In any case, good luck with your position.
Greg
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