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Re: be post# 5289

Tuesday, 02/06/2007 2:39:13 PM

Tuesday, February 06, 2007 2:39:13 PM

Post# of 385287
Be,
Thanks,
I became net short when we broke 43.90, which I mentioned yesterday. I think this is a bear trap but I have been wrong many times before, so take it with grain of salt. I covered my second short @ 43.70 and covered my short 44 calls and went long on those calls.
I was long from 43.70 and sold @ 43.94.
When we reach 50 Cents move on any day I wait and draw a horizontal line to see where most bars are touching and buy there with 10 Cents stop loss.
To stay ahead of game one must be humble and trust his observations.
You have some wonder full abilities you just need to take advantage of those qualities.
You will be surprise to see how good is your win rate is. Very few achieve that rate and I enjoy your insight of TRIN. Thanks for sharing.
I will stay long above 43.80 and short below it. I do change my position many times and many times it becomes difficult to post so please do your own D/D.
Good luck.


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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