My thoughts and journal

Discussion in 'Journals' started by Brandonf, Oct 9, 2004.

  1. Brandonf

    Brandonf Sponsor

    After the ISM came out this morning the markets really took off to the races. Right now this is starting to feel a bit to me like a blow off, that is all the people who are afraid the train left without them are piling in regardless of cost. With that said, Im not shorting just yet because my setups are not triggering..however I do feel it is time to really tighten up what I have. I will be bringing all of my stops up and watching for the exits.

    Brandon
     
    #131     Jun 1, 2005
  2. Brandonf

    Brandonf Sponsor

    I am now flat.

    ESL entry was 38.30. Exit was 39.30
    LPNT entry was 45. Exit was 45.15
    MW entry was 50.50. Exit 51.60
    HIBB entry was 35.00. Exit was 35.50
    CTCO entry was 51.80. Outs 52.65
    DGIN entry was 22.10 out was 22..60. This DGIN is particularly disapointing as it was breaking out on very strong volume and I had hoped to catch a substantial move in it. However, you cant ignore Mr. Market.

    Brandon
     
    #132     Jun 1, 2005