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

Monday, November 29, 2010

November 28, update


I stuck around until the open this am after seeing the futures on CNBC. I'm now out of my TNA swingtrade.


Something tells me that the market wants to close that big gap-up from last Wednesday, and is flirting with that area right now. I really have to get to the day-job and can't stick around to watch the action.


Good trading to all!

November 24 - 26

Still short the TNA from the other day. I was certainly wrong from last Wednesday and price rose substantially. That day I did buy a better price short in TNA but I haven't done anything with any other stocks over the Thanksgiving holiday. Price dropped Friday which would have let me out even but I decided to hold. I think things are getting weaker and that this paper-trade will bear fruit soon.
I am away much of the day with work, but will return later. Let's see how this goes...