Showing posts with label comments. Show all posts
Showing posts with label comments. Show all posts

Sunday, July 31, 2011

Sorry for the Lapse in Coverage

Sorry for the absence guys...
Sandwich had some personal stuff to take care of and I was busy as hell at work.
However, we should be back to posting a few things a day going forward.

-Dolemite

Wednesday, July 6, 2011

Dolemite out until next week

Flattening up and heading out of town til Sunday
Sandwich will be posting updates when he gets time

Good luck and see you all next week.

Wednesday, June 22, 2011

Dolemite waves the white flag...

Well ladies and gents, this is how it goes
I've always been a much better analyst than trader.

After being so so right last week and murdering it on every turn of the market, this week has been a total 180. A good trader would've maximized last week and would've cut all the positions I had this week off days ago.

I however, got out consistently early last week when I was right, and held on to and added to everything I was wrong on this week.

Now I am flat all my positions, all of my profits from last week, and full of self loathing..... ah the joys of trading ;)

Good luck out there and I say this to you all as a lesson of what can happen when risk and money management are blocked out by arrogance and greed. This is the number one rule of trading, one I have never been able to get down.......

Thursday, June 2, 2011

RISK ON!!!!

Risk on... risk off... risk on... risk off....

Greece worked out a deal??!?!
RISK ON!!!!!!!! Start kicking that can!!
(gold, stocks, euro, oil all jump a bit on the news.....)

... Hopefully tomorrow's NFP forces the market to make up it's collective risk off risk on mind...

EDIT: or they didn't work one out so risk off? who knows...

Ive made my bets. Short financials, semis, gold, and WTI crude(long faz, soxs, gll, and dto going into NFP tomorrow)

Can we get a sub 100k print tmrw in jobs?
This rat soup eatin mofo sure hopes so ;)

Wednesday, June 1, 2011

Score One For The Bad Guys ;)

After hanging on for dear life this last week and telling the market "we are right no matter what you try to make us think" today wiping out the past 5 sessions of buying certainly feels good.

Roar on you crazy diamond (bear)!!!!!