MURICO.com Forum

Re: Dewey, the last 30 minutes---
In Response To: Re: DH, this rally------ ()

of trade sure surprised me. Several of my hedgers have a pretty hefty margin call for Monday morning. I usually have a more accurate defensive plan for them. I was doing fine until the end, I have underestimated this crazy 3 week cycle that always gives me fits of out thinking me. Today is the end of the cycle and putting in a high or a low is usually an indicator that the roll over or reversal should set in sometime in the next 5 days. In the meantime it can spend some of those days building a Bear Flag, which means those margin calls may not go away as quickly as most of us like to see them disappear.

The one thing I have to worry about----is some unknown information that only the privileged have access to, showing up to stimulate a $5 extension instead of a reversal. Those things only happen when I'm too confident-------at the moment I'm way more confident than I should be------not a good sign. That means I get to spend the weekend working up a better defensive plan for my hedgers than what I currently have.

Messages In This Thread

The final Purchase Index for - - -
E-mail I received this A.M.
Re: DH, this rally------
Re: DH, this rally------
Re: Dewey, the last 30 minutes---
Even though the futures have been on fire - - -