Tuesday, March 10, 2009

Snap Out of It!

After getting my rear handed to me in some short-term trades, I've remembered to better log my trades. I've mostly stayed away from the markets through all this downturn, and have read about daytraders getting washed out of the Game over the past few months. I'll be watching the S&P as a primary indicator of what's going on in the markets in general. The financials are also volatile, which could be a good place for short-term trades...as soon as I get around to examining them.

The charts seem to tell me that we still have farther to fall, but right now is a time to consolidate.

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