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Re: 2X-Be-Me post# 7972

Tuesday, 11/14/2006 3:27:17 PM

Tuesday, November 14, 2006 3:27:17 PM

Post# of 31925
2X-Be-Me,
There was an outside chance of taking out 43.95 they are trying it hard result yet to be seen, I will reduce my short if 43.95 taken out. They squeezed us well; Our Bias towards short has taken many opportunities from us. I am not going long here but I will be on sideline there is a limit how much one can loose. I am a trader I am wrong today I sold my longs @ 43.52 too early and I was wrong many times before.
I have one fear now this market is on hot air when it will stop it will crash. There are too many un easy longs when they will seek exit there will not be enough space to be out so the doors will be broken and building will collapse. I am loosing 18 cents as I am writing 43.80 are the print. I hate to be on sideline. I might try NERS with 2K lots.

Farooq

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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