"A man is not finished when he is defeated. He is finished when he quits."

Monday, March 29, 2010

March 29th


I had a couple hours to watch & paper-trade. I took one trade short at 3:10 pm and I thought it would be the "final breakdown" of Dreamworks before EOD. I was a couple candles early and when momentum stalled, I exited. I was doing something else when it finally did crack about 10 minutes later at 3:30pm. The 3:25 - 3:30 pm green candle which ended at the high of the 5-min range on weak volume was a good sign of reversal.