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spdpro

08/22/09 8:09 PM

#6794 RE: spdpro #6793

Here is something else to ponder
We are sitting at AH 40.21 now and will see
what happens with Sunday PM futures and
Monday 07:00 open to start trading at 8 AM
Either add to shorts or hedge

http://i80.photobucket.com/albums/j197/spdpro/076d8ea6.jpg
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CITYHAWK

08/23/09 11:49 AM

#6797 RE: spdpro #6793

spdpro

yes, i agree with you got to go with it like the "boy's",
for like you mentioned not only the biggest of big boy's are do in it, very mid side PROP FIRM overnighter are also riding this one till it does not pay any longer.
This is what they have to do ESP'ly now, for this type of action could or might be their year (serious), for they are playing with firm $$$ and have no questions about going Full Boat with the idea of follow thru.
"Just Do it till it stops working" say the desk leader and the hold crew follows and like magic in the morning at open or at some point it turns green, and hold as long as you can take it, push the sell all button and go to central park for a walk or talk about the magic of making X amount of $ just like that.
Like the band said "Every Dog Has (his / her) Day" well they most likely are indeed having theirs.
Then it switches and day traders have it a little easier and etc.
The firms make $ both on commissions and takin a cute of the action.

Speaking of having to do something, it has stopped raining here and i am going out for the day.

Have great day and thanks of the IWM info, i will look deeper into it tonight during homework period.

sb