Market should be down 200 with a CPI like that. Price inflation is out of control. Wages are declining. Jobs are being lost. Oh and credit is in the shitter.
here might be a stupid question: is there a way to buy that is similar to a sell trailing stop loss? such as, your order follows a falling price by a 2% range, and once the price hits a low point and bounces back up by 2% it triggers a buy order at that price?
a limit order if you know how low it might go, or what you're comfortable with. but if you know it's going down, just not how much, and you can't be around to buy in, it would theoretically help you buy in at a good low when you're away from the computer. anyhow...another interesting day.
After watching the sharp rise in the main markets that just occurred, i want everyone to know that things in the world are just fine right now. The chart says so. Head on down to Walmart and buy your friends some Hannah Montana t-shirts. Go enjoy yourselves for once...things are dandy!!!
13 comments:
I think you like this play more than me now!
Gold just cannot get a solid footing these days...every move up is taken apart very quickly.
LOL
Can't find any ranges in SKF/UYG
POG really pissing me off!!
Market should be down 200 with a CPI like that.
Price inflation is out of control.
Wages are declining.
Jobs are being lost.
Oh and credit is in the shitter.
Yeah, let's go green today.
Booked 19.90 UYG @ 20.52.
Joe, My low range guess today is 19.59 for UYG. I have a buy order to replace the above sell at that price.
Look at AZK 1 min chart today....
here might be a stupid question: is there a way to buy that is similar to a sell trailing stop loss? such as, your order follows a falling price by a 2% range, and once the price hits a low point and bounces back up by 2% it triggers a buy order at that price?
I don't know of something like that Nate...
I can kind of see why you would want do that, but a limit order should be sufficient.
a limit order if you know how low it might go, or what you're comfortable with. but if you know it's going down, just not how much, and you can't be around to buy in, it would theoretically help you buy in at a good low when you're away from the computer. anyhow...another interesting day.
Yeah, I see your point. It def. doesn't exist on Scottrade's trading platform...just checked.
hehe - you wanna catch a falling knife, huh? But only after it stops falling!!!
i got my steel baseball mitts on!!! i'm ready!!!
i just think it'd be a nice way to stay "active" when you can't be around. a lazy ass way of trading.
After watching the sharp rise in the main markets that just occurred, i want everyone to know that things in the world are just fine right now. The chart says so. Head on down to Walmart and buy your friends some Hannah Montana t-shirts. Go enjoy yourselves for once...things are dandy!!!
At this point we can argue 'filling the gap' on the charts from the open.
Any higher and it's just nuts.
I would 'expect' a 200 point down day w/ news like this...gonna go study and come back later.
Call me a conspiracy nut, but I've come to the opinion that we are un likely to see any major selloffs until the games are over...
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