Tuesday, September 2, 2008

Nutty Day


My money is still in cyberspace somewhere so I was unable to trade today. That was a good thing as I was completely surprised by the reversal that happened today. We got a indication that things were going south and that the trend would end at the moving average crossover. That probably where I would have closed out any longs that I had.

With the news that Gustav wimped out and the subsequent drop in oil prices, I thought this would be a strong positive trend day. Shows you what I know.

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