Wednesday, January 23, 2008

Is it over yet?

Today's action really hasn't changed anything. The market was oversold and the bargain hunters went wild near the end of the day. I took some small positions with tight stops just so I could feel good about being part of a rally if it happens. I've got stops set up if things turn back around (which is very possible) in the next couple of days.

We still have more than 11 months left folks, so don't start making bad decisions because of a few good hours of trading (that's my job).

No comments: