Friday, November 12, 2010

Stopped Out - Flat Trade

I was stopped out of the SDS trade initiated earlier today, resulting in a flat trade, with no loss and no gain to speak of. My sale was a bit higher than the buy but just barely made up the commission.

I'm prefer that as I do not want to be in the market over a weekend unless we are really building to a panic and the price action today suggest we are not quite there.

I will also point out that historically, buying about two weeks prior to Thanksgiving offers a positive bias, so let's see how next week goes.

--Fred

No comments:

Post a Comment