Tuesday, July 15, 2008

Rally

Well I was short stuff and showing nice green in the opening hour, then my trading platform freezes for an hour. All my green goes red and I was completely powerless. The rest of the day will now be spent trying to "get even" as opposed to trying to make money. This happened to me once before and it sucked. I have to be sure not to revenge trade because right now I'm pissed at the world and the market.

Oil coming in and I shorted some XME and OIH but my head is a mess., Will the financials rollover? They seem strong, but if they do, it will be easy money

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About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.