Went Long End Of Today

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November 21, 2008

I bought index longs today at the close. I was either looking for the washout or a move higher. Got a move higher back over a level I was waiting for.

Looking for 100 pts higher on the COMPX.


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  • Jack

    I'm a little concerned about staying long. Asian bourses are all down at their opens. Futures mixed but I was expecting clear indications of a higher open. Might be a bull trap.

  • http://www.stockrake.com StockRake

    Check again.

  • Jack

    Now I'm happy…I'm in Thailand so the initial start to my day was not promising. Should be a good day. US Markets open in 2 hours and long ETF's are looking to gap up. You seemed to have timed it perfectly….I was a day early.

  • http://scalptrading.blogspot.com singh

    are u a Psychic too? HUGE Analysists

  • http://scalptrading.blogspot.com singh

    i fu would have followed lIVE trade i mean before MKT closd that would have been PERFECT fro others to make $$$ THNx

  • http://www.stockrake.com StockRake

    Where in Thailand. I love it there for what little time I had there that is. Foot massages everyday :D .

  • Jack

    About an hour outside Bangkok. You're right..this place is fantastic. I get a massage once a week…great stuff. Nice rally we got going….I'm back in black.

  • Jack

    Now I'm happy…I'm in Thailand so the initial start to my day was not promising. Should be a good day. US Markets open in 2 hours and long ETF's are looking to gap up. You seemed to have timed it perfectly….I was a day early.

  • http://scalptrading.blogspot.com singh

    are u a Psychic too? HUGE Analysists

  • http://scalptrading.blogspot.com singh

    i fu would have followed lIVE trade i mean before MKT closd that would have been PERFECT fro others to make $$$ THNx

  • http://www.stockrake.com StockRake

    Where in Thailand? I love it there for what little time I had there that is. Foot massages everyday :D .

  • Jack

    About an hour outside Bangkok. You're right..this place is fantastic. I get a massage once a week…great stuff. Nice rally we got going….I'm back in black.