Today, the charts are showing signs of reversals. I am happy to close all my short positions :) - I am locking in my profits. I am now looking for clearer signals. The market might just have a short rally over a few days before continuing its downwards trend.
For the next round of shorting, I might short more of retail stocks.
Cheers !!!
PersianCat (Millionaire-in-progress)
Trade Like A Persian Cat reminds me that I should be like a Persian Cat, waiting for the right setup to trade and not act on impulse. This blog documents my trades, thoughts and reflections in playing Options in the US Market. "Bulls make money, Bears make money, Pigs Get Slaughtered, Cash is King"
Who Am I ?
Interesting Read
- Are You An Academician Or Practitioner?
- Are You Winning The Battle?
- Comic Strips
- Guidelines For Intraday Play
- How The Markets Really Work
- Jewish Holidays 2012
- Optionquest Online Game
- Play One contract only !!!
- The Average Investor Mentality
- The Market Cycle
- US Market Holidays 2012
- Who Are You Trading Against?
Web Links
My Picks
Blog Archive
-
▼
2008
(74)
-
▼
October
(15)
- Market was on Steroids
- The Next Pit Stop - Year 2002 Low?
- Attempt Fresh Lows ?
- Jewish Holidays
- Singapore Stock Market
- Learn From Black October
- It Is Really A Bounce Worth Waiting For !!!
- The Average Investor Mentality
- The Market Cycle
- The Bounce Worth Waiting For?
- Market looking for a Reversal
- How to Play AIG
- So What's Next?
- Dow Broke below 10,000
- Next Pit Stop
-
▼
October
(15)
No comments:
Post a Comment