John wrote:Dear Higgie,
Futures are up tonight.
What do you think is going to happen tomorrow?
By the way, do you ever sleep?
I don't know what will happen tomorrow. Sometimes I have a feel for it and sometimes I don't. The failure to take out 1016 on September S&P futures early Friday morning was key to me.
I slept like a rock from March thru the middle of July. Bears sleep well during hibernation. I mentioned to someone on Saturday that I should have slept for another month. It would have saved me a few bucks.
When I trade I often wake up when the markets make a big move up overnight. If I have stops in, a lot of times I will wake up right before my stops get hit or right as they are getting hit. I haven't used any stops this time. Last night I slept through most of the big drop in Asia.