Thursday, March 5, 2009

trend days

how do you play trend days like today? the market gaps down and continues to slowly bleed down, even when it's over sold...you'd expect a bounce..but a bounce never comes...but you'd afraid that by going short, you may get cornered when a bounce actually comes and it'd be a violent bounce...

i'm waiting and watching for the perfect setup.. so i don't get chopped up by commissions.

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