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Dennis,
Congratulations on a great trade!
Was the decision to take the trade somehow influence by fellow RT
Earl Adamy? (Excellent analysis, sir).
What was your rationale for exiting the profitable position?
Something more than simply pocketing the money? (reason enough)
Rory
Dennis Holverstott wrote:
>
> James Taylor writes:
>
> > The question is: if you think it is a top,
>
> I don't. But then I try to never let my opinions get in the way of my
> trading. The market doesn't care what I think. I have to constantly kick
> myself in the butt and remember to trade what I see and not what I
> think. This game is about making money, not being "right."
>
> > what do you intend to do about it ?
>
> Well, James, you're the bear so you tell us. What trades have you put on
> lately or planned for the near future?
>
> Personally, I went long Wednesday and covered Friday for +45 S&P points.
> Every instinct told me it was a bad trade but I didn't let that stop me
> from taking it. Funny how that works. Often the trades that scare me the
> most pay off the best.
>
> --
> Dennis
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