Friday, May 21, 2010
Bearish close?
I do not like the market action heading into the close of trading. The markets are selling off steadily after a hugh upside rally for the better part of the morning. If my hands were not tied by the PDT rule I would have closed out some or all of my positions granted the markets do not rally powerfully into the close which seems unlikely at this point.
Subscribe to:
Post Comments (Atom)
-
I stumbled up on the chart of DLLR while surfing the net tonight and decided to add it to my focus list for tommorrow. DLLR did pass through... -
For some reason the early weakness in the markets caused me to panic somewhat and so I tightened up my stops but I just realized that I was ...
-
Generally speaking I like to trade pull backs in momentum stocks. Even when I am looking for position trades; I prefer to enter off a pull b...
No comments:
Post a Comment