[Cyclon]

06/20/08 1:53 PM EST USA Close Short @ 211.99 FLAT

Yes Longshot I am going to do that from now on. Let me tell you more about what I was doing on this trade.

There is a feeling I used to get in the pit of my stomach. Some may recognize what I am talking about the moment I mention it without even saying what it is. I suspect quite a lot in fact.

I have to write something on Risk Aversion. I haven't had the feeling in so long I wanted to take a small trade ( I'm not entirely dim ) and ply my skills the way I used to.

Typically I was early on most of my trades (although I was not above being late either). Just true to form my trade here was early. Why is that? I suspect it has to do with Elliott Wave knowledge. That stuff can make you dangerous (only to yourself - don't worry).

Psychology being what it is you see what is coming and trick yourself. This is a very common element in EW traders. Nothing new in that.

But I needed emotion to stir some writing juices and I got some.

Cheers,
Cyclon