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Re: Estimated_Prophet post# 603

Friday, 11/20/2009 12:55:50 PM

Friday, November 20, 2009 12:55:50 PM

Post# of 641
Goes to show how one day, and your entry are so important. I still need another strong down day to break even on this trade. I made .50 on the last trade, so I may look to just break even with the two trades, if given the opportunity. If I had just waited one more day, I'd be in the drivers seat. Now, I may miss a strong correction, as I just don't feel good about the position. I think the Dow has a good shot at losing another 150 point, but we'll see how the 13ema does, but not wild about going into the low volume week next week.

To know the truth, one must get rid of knowledge, as nothing is more powerful and creative than emptiness.

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