Replies to post #56 on THE LAW'S AFTER-HOURS BOARD - EDUCATE, ENLIGHTEN A

[The Law (f/k/a emz)]

I trade based on a lot of factors, none of which are "technical". I'll explain that more another time, but for now I will say that I have an uncanny ability to take in/process and react to a lot of information very quickly- it also helps that my "day job" involves me sitting in front of 2 computer screens 12-16 hours a day, so I have another 3rd screen (and sometimes 4th laptop) devoted solely to such trading info/data and LEVEL II. As for ENZC, it's a perfect example of what I described in my earlier post about "being flexible"- I got LUCKY and started scaling in to ENZC pretty early, so I had plenty of house money very fast- I also got lucky in the same vain with TSNP- So I have indeed made several partial "sales" of ENZC, and at one point I was trading back and forth between TSNP nd ENZC as if on autopilot, LOL. But, I always kept at least 50% of my position n each (until Thursday when I got out of TSNP fully and rolled it all into ENZC), and always re-built my position to 100% (or higher) of my original position, sometimes even "averaging up" (which is not a sin when you have a runner like ENZC)- so as of today, I have a very nice/solid position in ENZC with a vert good basis, and all of the flexibility in the world to take some off if and when we run above .124, which I expect to be the next point of resistance and then take-off. After that, only the shadow knows- I may have a Magic 8 ball, but I do not have a CRYSTAL Ball!