Wednesday, December 15, 2010

Rocky start

Wow, what a rocky start to the day's trading.  Was looking good initially but I pushed my luck a bit far with the 2nd long, it was out to +24 until I conceded defeat at +15.  Jumped in a bit early with the next couple of long attempts (which brought me down to +4), then the market just went ballistic.  I knew with the 3rd and final long that was the make-or-break moment, and the buyers showed up big time at that level -- massive vertical spikes on the tick chart.  Brings me to +36 for the day, so I've hit my budget.

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