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Re: kenwong post# 11409

Wednesday, 11/09/2005 6:53:20 AM

Wednesday, November 09, 2005 6:53:20 AM

Post# of 79025
Ken I am interested in where you are going to jump in
I actually missed your call at end of day yesterday.

You end of day calls are perfect place to jump in on an option swing trade because many times the markets moves in the direction of your call in that time (yesterday qs went from down .1% when you made the call to down .3% by the end of day)

In addition the next day either two things happen

1. the market makes a large move up in the morning and as a trader it is easy to get cold feet.

2. the market starts to go down and you don't pull trigger because you feel you missed the boat.

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