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

Saturday, August 21, 2010

August 20th - Friday


I had only the last 30-40 minutes to see the markets after the day-job completed. I saw the long run-up in Meli with very little profit-taking at EOD. So, I decided to take a swing-trade short and see what happens for Monday. Work will keep me busy in the morning and I won't be able to follow the stock until the afternoon. It seems like a good spot to get a quick gain from any morning breakdown.