emg, lol.. Yeah.. The bulls definitely isn't scared now.. I do still think that this move up is just a head fake to lure people into buying then crush them later.. Just my opinion..
Aug. 30/12 Market Recap: Same theme.. The market consolidating and was just going back and forth.. I don't expect it to be different tomorrow and Friday.. If something sets up then I'll give it a shot but I will be very quick to take profits and my stops will be very tight just because it's a holiday..
Real Time Update: The market has a big gap down as I'm writing this and could gap right at the 20 MA.. This is very important.. Watch what it will do.. I think we'll bounce up but if it breaks it then it's going to be a lot tougher..
Real Time Update: I bought COG Entry: 40.60 Stop: 40.51 I'm looking for just a lousy bounce.. I think the market is gonna be in trouble today..
I have already removed 1/2 of my position and my stop at break-even.. Be careful out there specially if your in buying mode..
Lesson for the day: When I bought COG just minutes ago, I didn't have high hopes for the stock but even though I was pessimistic about it, I still kept 1/2 of my position just in case i was wrong.. Guess what? I was wrong and COG kept going higher.. The lesson is you can always be wrong at predicting what the stock will do.. Anyway, I still think the market is crap today so I probably won't be taking any other trades..
Hi, Instead of doing a Market Recap, this will be my last post in this journal.. I don't think anyone is reading it anyway so I'm just wasting my time typing.. lol Good Luck and Trade Well..
Hi, I guess I'll post once in a while because what happened today is too important not to mention.. The bulls are back.. They are strong and are here to stay for a while.. I want you all to know that buying will be easier now unlike the last couple weeks.. Trade Well..