Man this week has been crazy. Up a bunch in the beginning of the week only to give it all back by the end. And it wasn't like up 200 down 200. There was like a 600 point range in the dow. I bet ya more people got screwed then made anything. I happened to make out ok this week, only because I was expecting a retest of the lows. Like +1% or something.
And if you thought this week was bad.... Next week is option experation and theres alot of Economic news out there. I don't like predictions or the crazy's that make them but....... I'm guessing we close much higher next week. Of course I'm guessing and I never trade off that kinda crap but I could see it happening. (Now I'm a crazy)
It seems like right now is a good time to trust some of your fast moving indicators. They be working for me.
Friday, August 10, 2007
Next week
Posted by
Chappy
at
3:13 PM
0
comments
Thursday, August 9, 2007
Crazy Market
Wow this volatilty is crazy. If you are on the right side of the trade it's awesome. If your on the wrong side you start throwing shit at your computer screen. It looks like it's here to stay for a while so learn to deal with. Smaller position sizes is the first thing that comes to mind. Take profits when you have them!
Posted by
Chappy
at
10:08 AM
0
comments
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