Wednesday, January 2, 2008

HAPPY NEW YEAR


What a start to the new year. NQ trades down down down down, smallest pop, then down some more... smaller pop - yes, that's where I finally short it, and miraculously even tho I have missed 99% of the move and am selling near the LOD I make a small profit. Then I go out for a walk and miss a big retracement and when I return it is going down again! Miss that move too, and sell again near the LOD. But this time I realize I am wrong and cover for 1 point. So I have actually made small money on a day when most are raking in huge amounts. Better to make than to lose!

No comments: