Order: 13:25:57 (2 sec fill) Entry 13:25:59 $31.2699 Scale Outs: 1/2: $36.92 1/4: $41.89 1/4: $41.18 Suffice to say, I am done for the day. This is a news driven power spike that I was fortunate to catch. I don’t regret getting “only” 1,000 shares because I stick to my rules on position sizing specifically [...]
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In case you don’t know what this is about, read Fly’s post first: http://www.ibankcoin.com/flyblog/index.php/2009/06/17/chart-chomping-101-hosted-by-the-fly/ ———————————————————————————————————— —————————————–[THE DAILY POST]—————————————– ———————————————————————————————————— The Emperor of Mankind – Guardian of the Imperium, Lord of Terra, Aeternus Eternus — The current 1-day box on the SPX is located between 905-925/930 as it can be seen on the 1-mo/20-min chart + [...]
Will getting rid of mark-to-market actually help bank stocks? Yes, banks will fully recover as a result. Yes, but only temporarily. Hell no, are you kidding me? They’re dead. I don’t know, man. Current Results Global equity markets (all are in a short-term, multi-day consolidation): NYSE & NASDAQ Advance-Decline, New Highs-New Lows, VIX: DJIA, SPX, [...]
