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Re: Cortisone post# 35501

Saturday, 12/13/2008 10:04:05 AM

Saturday, December 13, 2008 10:04:05 AM

Post# of 36150
cheif mentioned a few days ago that this coming week could get real ugly. But no one knows for sure.

I'm amazed at the bad news that the markets are shrugging off.

I guess the reason I feel the markets are due for a pullback is because of the open gap on the NASDAQ daily chart @ 1384.35

I really need to un-load my QID position so I can take a breather and re-group.

If we can fill that gap @ 1384.35, that would give me a nice , little profit, but I never intended to hold it this long. I like to make a trade where I only hold 1-7 trading days, or maybe 10 days.

If I'm patient, I can usually get in and out in 3-4 days with a nice profit.

Controling your emotions is the hardest, but most inmportant part of trading. I'm getting better at it, but feel I still have room for improvement. :~)

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