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The Humble Speculator
Thursday, March 19, 2009
Couple of things that keep me Bearish
I was stopped out of my SDS, XOM and SLW yesturday but ended up going long 1k of BGZ, some of the things I'm seeing in the charts...
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My open book trading diary, ideas, comments, project etc..
Never listen to me or trade based on anything I say or do. I am not a professional of any sort.
This Blog is just to help me stick to trading themes and hopefully help me stabilize my performance.
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entering short again small /ES limit 809.00
covered my /ES short and BGZ long.
I can imagine a scenerio where the passing of G-20...
Market looks to be rolling off of resistance
slowing it down and stepping back for a minute
I continue to maintain my long in BGZ and re opene...
Couple of things that keep me Bearish
Market at absolute extreme limits
Long term /ES channel lines
IBM and XOM suggest continued erosion of markets
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Trader Joe
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