Trade setups that produce $1 to $6 moves. Investment ideas and general market trends. Remember the "Market" doesn't care what Santa thinks of you.
Wednesday, September 22, 2010
Tricky
Woo-hoo this market is throwing some rough trading out there right now. Generally when everything turns to *^%# it's time to take a break. I'm seeing things in the charts that you just don't run across very often, i mean rarely do you see things turn around in the charts so strongly so quickly. I could reach a conclusion that we are about to see a big move in the market. However the big reflation trade that ended in march 09 had characteristics that made getting long difficult and getting short painful. I will continue to keep position size down.
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