Thursday, December 27, 2007

End of The Day Comment

Well,
we managed to chalk up 7 3/4 points today but I'll tell you, it sure does not feel that way.

The P/L shows the profit, but my mindset feels like the trading today was such a fight that
the net result feels like a moderate loss day.

No matter though as the P/L sheet is the true tale of the tape today.

I still have to do the daily work, but there is a real possibility that most of the short term correction was put into place today.

We have some very strong support in the 1473-1475 area, so watch that level closely.

No comments: