Oct 6, 2008

Took a loss

Stopped out of DRYS for a full loss after entering on a break of the 12pm bar low. Then, shorted OSIP off a break of the 2pm bar low and was able to make back about half my loss. A real 'no feeling' kinda day.


QQQBall said...

i traded for income today - ive been waiting for a day like today. the high divvys stocks had the feel of forced liquidations and margin calls. todays action, if the divvys dont get cut or eliminated, should cover my daughter's annual college, dowm & living expenses... if we rally for a few days, ill lock in profits and look to add lower. i got some low-ball bids filled at LT support on GTC orders that have been sitting there for quite a while.

huevos were in my throat early, but stuck to the "plan". oct 14th are the canadian elections - potential big swing for Canroys.

bl said...

Look for those 2:20(the magic hour) reversals: DIG QLD UYG