Wednesday, January 30, 2008

MARKET WRAP - 1/30/08

TODAY WAS OUR FIRST NEGATIVE DAY IN QUITE A WHILE.

I HAVE NOT GONE BACK TO LOOK, BUT I KNOW IT HAS BEEN OVER A MONTH SINCE I CLOSED A DAY OUT WITH A LOSS.

TOTAL LOSS FOR THE DAY WAS 3.00 POINTS.
NOT TO BAD, UNTIL YOU CONSIDER THE ENORMOUS MARKET MOVEMENTS OF THE LAST HOUR AND A HALF.

NO WORRIES THOUGH AS OPPORTUNITY KNOCKS ON A CONTINUOUS BASIS.

TO BE HONEST WITH YOU I AM KIND OF GLAD THAT THE WIN STREAK IS BROKEN AS I THINK IN THE BACK OF MY MIND I WAS STARTING TO CONCERN MYSELF WITH IT AND THAT JUST SPELLS TROUBLE.

I HOPE SOME OF YOU GOT A PIECE OF THE MOVE OUT OF THE TRIANGLE AND ALSO THE MOVE OUT OF THE OPENING RANGE.

UNTIL TOMORROW, LETS DO OUR HOMEWORK AND AWAIT YET ANOTHER EXCITING DAY.

I WILL BE POSTING THE PIVOTS AND PROJECTED HIGH AND LOW NUMBERS LATER TONIGHT.

1 comment:

bb said...

can you tell us the price you get on the futures.