Focus your mind, manage emotions, go with the flow.
Monday, April 05, 2010
safer to take profits and possibly short it if the markets continue to point down
AIG
AIG making new highs again
AIG stalled so cover it. lots of nice trades out there RINO ACI ZION PCX hitting new highs
thanks for the pop but I'll take those profits and go short AIG
I had set an alert on AIG and caught this rocket long
sold ZION
covered th eRIMM , RINO shorts
RIMM
RINO
ZION breaking to new highs
sold ABIO, better to focus on the bounty of shorts out there at the moment
bot ABIO again. QUick exits may be the thing to do if it continues trading this way.
ABIO stalled , sold it. I have RIMM , RINO, UAUA shorts that are working so even tho market looks strongish shorts look like the way to go at the moment
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.