Bought 2% DJ futures at 10,608 with stop at 10,590. Add 50 pts for cash approximation. The only hassle with the trade is that cash DJI did not go through 10,658. This will confirm it.
This reminds me of many Salmon fishing trips were the action slows down in the afternoon so you start cleaning, organizing and sharpening the lures for when the next big bite comes. If you ever come back and visit Michigan again we will have to hook up and let me take you out for a fishing trip up in Ludington. One of my favorite fishing holes.
Steve
ReplyDeleteThis reminds me of many Salmon fishing trips were the action slows down in the afternoon so you start cleaning, organizing and sharpening the lures for when the next big bite comes. If you ever come back and visit Michigan again we will have to hook up and let me take you out for a fishing trip up in Ludington. One of my favorite fishing holes.
Jack
Sounds good, Jack.
ReplyDeleteCorrections are exactly that. You need to look at and do other things or else you make trades (and stupid ones at that).
Steve
ReplyDeleteCould another move up put on a big short squeeze, and push this market even higher yet? Just thinking of all the EWIists sitting short right now.
Jack C
I think that the shorts have been pretty much squeezed dry. EWI doesn't carry enough weight.
ReplyDelete