Posted on 08/16/2007 1:00:37 PM PDT by abb
They better watch it; one of these days everyone will be buying and nobody will be selling.
I have no idea as I work in a minute by minute scenario and don’t pay much attention to long term. I have the unfortunate advantage (for what I do) that I can read a 3 or 5 minute chart almost flawlessly but you put a daily in front of me and my mind jumbles up.
Just too much info to absorb I guess.
My outlook on the economy itself is gruesome though, if that helps any.
I’ve been trading futures professionally for 10 years as well. I trade energy and natural gas. I pretty much stick to those markets because I don’t have the time to put into other market and they provide a great living for me.
I trade er2, e-mini russell. You are correct, I rarely look at anything else.
I traded stocks for about 5 yrs and once I found es and er2 it was all over. I can actually concentrate on one thing and make a good living without being nuts! lol
I don’t consider myself an expert on these markets, but I can spot when the fix is in. Anyone on this bord who believes in free markets should not be happy with manipulation of the markets.
ahhh but if you have been trading for 10 yrs, as I have, you have seen it before, and I am sure will see it again.
The manipulation is exactly the reason I don’t ‘invest’. I know people who have lost everything. I take my money and run. ;)
Smart move.
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