Yet another very, very solid day. ODP lowered guidance and OMX went down in sympathy so I got short. Took profits all the way down and finally tried to let the last few ride and set a wider trailing stop and was able to ride it for about a point.
Big Ben came on very early in the morning and I think the news was that there would be more liquidity in the lending market so the Dollar strengthened, driving oil and natural gas down. I personally didn't know quite what to make of all that's happened within the past 24 hrs w/ the whole FAS 140 mark to market and the news this morning and seems like I wasn't the only one so I didn't really trade any EEM or that type of plays until I could see the trend or support/resistance level. That worked pretty well... saved and made me some money. Market broke out of its range and I should've gone long much earlier but I couldn't make up my mind.
There's been a lot of talk about super yahtzee... I just much rather not think about it and try to ride my streak as long as I can. I know I get into trouble when I start thinking about dollar figures. Tomorrow is Wednesday and I usually doesn't do too well on Wednesdays so let's be careful.
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My experience as a trader. There are no stock tips here... This is strictly a journal for my benefit and anybody else interested in trading for a living. Any opinion are strictly of my own. I'll throw in a few funny or more personal, non-work related posts in there
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