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Re: Imperial Whazoo post# 37959

Thursday, 11/15/2007 4:30:33 PM

Thursday, November 15, 2007 4:30:33 PM

Post# of 90287
Great Post IW

I'm a newbie to trading and I just went through the same mental exercise that you just described. The only difference was that I spread out my quest over three days in which I started to buy under the Ask and finaly got impatient and on the forth day when I suspected an elevation to occur, I placed an order at the Ask .006. My purchase on 8 Nov 07 for 170,000 at .006 was filled and subsequently became the earmark establishing the high for the day. The very next day a pivot occured sending the PPS down to the most recent Low that we are presently experiencing. I felt kind of foolish being the only Buy at .006 for the day. I have to learn a little more patience and observe the chart a little better like you say. I have been trying to learn from your posts "Whazoo"

MRKCO