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#226 DrStool

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Posted 03 January 2003 - 01:33 PM

Vesselin-

That's a great question. I can't really answer it other than to say it's a right brain left brain thing.

I always forget which is which, but the intuitive side of may brain says not to believe what I see. Perhaps those channels I drew earlier showing that the market did not break a single important resistance level helped.

Also there's the fact that the market has trained everyone to expect a 2-3 day jam. So I'm thinking can't happen because everybody who matters bought yesterday.

Other than that, if the market firms up this afternoon, I'll cover and re-evaluate.

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#227 fxfox

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Posted 03 January 2003 - 01:34 PM

meta,

http://www.fxcm.com

just go there, they have live rates, if you need live charts, just click on the "charts" button.
'patriot' is formed with 'patria' and 'idiot'

#228 Guest_AssMaster_*

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Posted 03 January 2003 - 01:38 PM

Sold BSX for about 3% gain. Bought up some crappy little drillers and NG services cos.

#229 Metamucil

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Posted 03 January 2003 - 01:40 PM

meta,

http://www.fxcm.com

just go there, they have live rates, if you need live charts, just click on the "charts" button.

Tanks.

At what points do the Euro and CHF break their monster, long term resistance lines? Seems we are close.

I just switched large $$ to those 2, at everbank.com
"I know the human being and fish can coexist peacefully"____George W. Bush, 7/29/2000

#230 HardAssets

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Posted 03 January 2003 - 01:40 PM

It is intersting that the volume of the NYSE has been solidly and overwhelmingly negative all day, yet the Nasdaq net volume is still net positive. Amazing that the Nasdaq is hlding up the market. It must be the stocks that are in both the Dow and Nasdaq that are holing things together - when they crack watch out. imho

#231 Rockhead

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Posted 03 January 2003 - 01:41 PM

NYSE

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Posted 03 January 2003 - 01:43 PM

Doc, I love asking difficult questions. :D

So, it's just intuition? And you were willing to trade just based on that? Drat, I've never been able to do it. My intuition is simply non-existent when it comes to trading. I must see it in the numbers and in the charts. If I trade on intuition, I'm almost always wrong... :( Oh, well, I guess some have it and some don't. Intuition, that is. ;)

Regards,
Vesselin

#233 Sam Adams

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Posted 03 January 2003 - 01:43 PM

Re: CHF
Closed 75% of my hedge for the big bad scary dollar bounce. There was very little change on the option pricing for the March/June contracts I am trading.

Bought some Jun 360 AU calls and when placing the order found out I had a lot of company. Avoiding index/equties for the time being.

#234 richmtn

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Posted 03 January 2003 - 01:44 PM

Mr Market getting ready to drop a load. B)

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#235 Guest_AssMaster_*

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Posted 03 January 2003 - 01:46 PM

SG: Sometimes it helps to take a bit of time off. But remember even the most annoying of us are small children in an adult body. Thinking of it this was makes it easier to put life's irritations in the personal realm into a more rational perspective. And never let children get to you, espially the annoying, obnoxious ones. They probably just want attention.

When I want attention, I just put on a spiffy new outfit! :rolleyes:

#236

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Posted 03 January 2003 - 01:47 PM

CBOE Intra-day Put/Call

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#237 phatbubble

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Posted 03 January 2003 - 01:47 PM

PHAT,

Hope you got a little of that miner this morning, it left the station an hour ago. My top pick of the year is starting out strong, just hoping it doesn't fizzle.

TCG

thanks, appreciate it. i hope so too - i put an order in and then my sh*t crashed. took an hour an went for a winter walk to clear the brain. just catching up with thread. don't know if it got tooken or not, but i warn't gonna chase it. will buy on a dip fo sheezy tho.

watch, i'll miss the 12:45 cut here
Quod Severis Metes

Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.

#238 GregFokker

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Posted 03 January 2003 - 01:51 PM

Fokker declares this topic closed :grin:

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty






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