Looks like Uncle Ben wants blood. NYSE is all-red 
- #19,761
- Jul 18, 2007 10:24am Jul 18, 2007 10:24am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #19,764
- Jul 18, 2007 10:30am Jul 18, 2007 10:30am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
Let me add one: the only time you want to be catching tops is when women are throwing them at you ;p.
- #19,765
- Jul 18, 2007 10:33am Jul 18, 2007 10:33am
Looks like Uncle Ben wants blood. NYSE is all-red
But resistance for cable around 2.0550.
- #19,766
- Jul 18, 2007 10:35am Jul 18, 2007 10:35am
- | Joined May 2007 | Status: Trader | 4,716 Posts
You know, a lot of people think they are smarter than mother market. In reality, few are. And a lot of people don't have the patience to wait for a trend to evolve, they need a quick fix of action and profits every day.
I know, because I have been exactly like that myself. And lost a lot of money
But the following two rules has helped me:
1. Be patient: Before opening a position. Wait for the right moment.
2. Be patient: While in a position. Let it develop. Don't panic
And thanks to Bernanke the trend is still heading up. Which means the FOMC minutes for tomorrow and testimony should read the same??
I know soros junior is happy.
- #19,767
- Jul 18, 2007 10:36am Jul 18, 2007 10:36am
i made good long today (40pips) and still long. . .
made me abit panic when it goes -30 and what i did is i set SL
and i went outside to play soccer
i cant control my emotions when i opened a position and it goes directly -10 or less ..
made me abit panic when it goes -30 and what i did is i set SL
and i went outside to play soccer
i cant control my emotions when i opened a position and it goes directly -10 or less ..
- #19,768
- Jul 18, 2007 10:40am Jul 18, 2007 10:40am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #19,772
- Jul 18, 2007 10:51am Jul 18, 2007 10:51am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #19,776
- Jul 18, 2007 11:09am Jul 18, 2007 11:09am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #19,777
- Jul 18, 2007 11:11am Jul 18, 2007 11:11am
- | Commercial User | Joined Sep 2005 | 1,118 Posts
I have had 8 wives, but only 2 of them were mine
- #19,778
- Jul 18, 2007 11:14am Jul 18, 2007 11:14am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Now I know why I bother reading this forum.
It's not for the calls, although have made some really good ones.
It's definitely not the, cable is going to kabillion or zero rants.
It is the brasilian and british humor.
+ + +
Now I have to nominate best post from today of about 8 pages back.
Something along the lines of:
If cable doesn't go up or down it definitely will have sidways action. If it has a pulse I would hope so. Someone else got me thinking about Euro-land closing down for hot summers. With global warming will they soon take off from April-November? You know France will.
It's not for the calls, although have made some really good ones.
It's definitely not the, cable is going to kabillion or zero rants.
It is the brasilian and british humor.
+ + +
Now I have to nominate best post from today of about 8 pages back.
Something along the lines of:
If cable doesn't go up or down it definitely will have sidways action. If it has a pulse I would hope so. Someone else got me thinking about Euro-land closing down for hot summers. With global warming will they soon take off from April-November? You know France will.
- #19,780
- Jul 18, 2007 11:19am Jul 18, 2007 11:19am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
2.0600 is coming to u
Darnit, why did I chicken out at 2.047x, I could have closed for a smooth +450-500 eventually ;p
Trust price. Know yourself.