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Market Speculator |
| Thursday, September 7, 2006, 7:10:26pm |
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Make Relaxation Your Profession Moderator
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NURO - if you are short, for god's sake take profts! |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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Market Speculator |
| Thursday, September 7, 2006, 7:14:43pm |
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Make Relaxation Your Profession Moderator
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BZH - how low can you go? |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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Market Speculator |
| Thursday, September 7, 2006, 7:21:47pm |
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Make Relaxation Your Profession Moderator
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RIGL - looks tempting....needs a few more weeks. |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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MauiTrader |
| Thursday, September 7, 2006, 7:33:13pm |
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How low can BZH go? the low 20's.  crack, snapple, pop goes the bubble. |
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MauiTrader |
| Thursday, September 7, 2006, 7:34:20pm |
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ROFLMAO!!!!!!
crack, snapple, pop...HOLY mess!!! LOL. How retarded am I?
snap, crackle, and pop goes the bubble.....LOL. I got too much sun today. |
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Market Speculator |
| Thursday, September 7, 2006, 7:37:57pm |
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Make Relaxation Your Profession Moderator
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I really don't know how to respond...not often someone dumbfounds me |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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MauiTrader |
| Thursday, September 7, 2006, 8:08:22pm |
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That was weird wasn't it?d
I just laughed again, re-reading it. |
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Market Speculator |
| Thursday, September 7, 2006, 8:10:46pm |
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Make Relaxation Your Profession Moderator
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LOL |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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Market Speculator |
| Friday, September 8, 2006, 7:15:44am |
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Make Relaxation Your Profession Moderator
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KNOT - looks like the bottom is about to fall out. |
| Success is a State of Mind - - Tommy Bahama Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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ORKiter |
| Friday, September 8, 2006, 1:47:43pm |
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it figures that i covered VOL short mid aug and blows up now...... |
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MauiTrader |
| Friday, September 8, 2006, 1:58:19pm |
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Shorting isn't easy. That is why I hate this stupid game.
I think I am only shorting because I feel pressure to perform.
I would rather NOT short EVER. Unless it is ETF's. |
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ORKiter |
| Friday, September 8, 2006, 2:15:25pm |
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yeah i guess its like Oneill's short book says that you have to be persistant w/ shorting and could take 3rd or 4th try until it really breaks.......this mkt is tough to perform in, at least for me as i am doing well 1 week and crappy the next week and in the end i dont really get anywhere except spin my wheels, and i am not good at this short term trading positions for a couple days based on mkt indicators, too many smarter traders than me playing the mkt short-term, i dont feel like i have any edge |
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MauiTrader |
| Friday, September 8, 2006, 2:18:49pm |
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If you don't feel like you don't have an edge. Than don't trade. That is the best thing to do anytime you feel like you are lost.
I am spinning my wheels also so don't be upset if you are not making progress. This is a traders market and only smart futures traders like Y. Gross and some others I know are making money here. Just look at Y. Gross's performance compared to the overall market. I am well outperforming the market this year but since May I have done NOTHING. He, however, has increased his gains. That is another tip off that this is not a market for active investors; it is a market for active traders. |
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E811 |
| Friday, September 8, 2006, 6:05:12pm |
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I hate reminding myself that I would rather never short by getting short..
I shorted RMBS near the close and I feel like crap about it.. I also feel like crap for not just getting out of it AH.
You can see why I would short a little RMBS, but you can also see why I would want to take it off if it doesn't work right away.
My headspace is all messed up here because I feel immediately guilty for taking any trade here that makes me uncomfortable right away. I have a hard enough time with my longs because the market is overbought and lackadaisical etc etc.
Also, seeing GROW take off on a day when everything seems particularly unclear makes me think back to when I sold my big chunk to some lucky bastard around 15$. That would have made my year to hold that and go on vacation for 6 months.
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ORKiter |
| Friday, September 8, 2006, 6:55:24pm |
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rmbs very strong volume accumulation drivng this bounce, its not a weak volume bounce like many charts........u see that RMBS broke back above 50dma and then 2 light down volume days w/ no pullback on Wed and Thurs this week after it had just rallied 70% off its bottom.....i looks like it will go higher not that i would go long w/ the 50dma in a downtrend and way below the 200dma......ugly chart but i wouldnt be short |
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