Archive for July 9th, 2008

I said there would be a SMALL reversal!  Small!  Market, listen to me! (The silence from the market is deafening).

Ah well, the selloff today was interesting – such is life in the market.  One interesting thing about the selloff – and believe me I’m not trying to justify my past positions – the volume today was average.  This says to me that we haven’t yet met the “I give up” point.

On the energy side, I did ok with the trades highlighted last night – I traded out of them for small profits as they started to fall back.  This wasn’t any brilliance on my side – just a trailing ATR stop that got me out with some small gains.

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