If I only...
Let them ride. A bit frustrated right now as I missed some nice moves by being a chicken shit. Slightly negative on the day... blow me. HAL, VNO, CHK, FCX, CAM
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5 comments:
NR7,
Reinvent yourself or at least get a WL of not necessarily gappers, how can you be negative on a 680 pt down day esp after the bs Xgiving bear rally. At least look for a fib pullback...the SPY went right to the .5!!. Look at those damn numbers because everything else will go down with it until it hits a fib/spt/tl esp after bear rally. And look at those 2:20 sell offs/rallies. Good luck.
bl: there were plenty of opportunities yesterday off the :15 and :05. I actually traded off the :05 using fib. ext. levels exclusively. There were just too many stocks to watch. You're right about the WL.
bl: come to think of it... my problem is the constant reinventing. I guess I just get bored and have little patience to wait a strategy out for weeks at a time.
Take 5 financials and 5 commodities or 10 gappers NO MORE and just sit on on them and see what happens. Trader X says one should be able to trade any stock, when the opportunity presents itself. Just do it: mer ms gs c bac jpm , bla, bla.
bl: not sure I want to go that streamlined... well, maybe just sector stocks - but I think I'm going to narrow my WL to no more than 25 stocks (that's if I even have that many on a given day). Thanks for your advice.
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