The previous day was a short, yesterday was a long, so today it's unwise to look to long. I am very skeptical on the long side today because it seems as though the market is tired and either profit taking or short selling will soon appear. Trading is really tough this week because one day it comes down and the next day it goes up, so the best is to stay out or day trade.
Update 9.08PM, June 20, 2012
The market came down after I posted 8.38am in the morning! Those who longed the wrong stocks will get some reactions.
Ronald K - Market Psychologist - The Big Speculator
Update 9.08PM, June 20, 2012
The market came down after I posted 8.38am in the morning! Those who longed the wrong stocks will get some reactions.
Ronald K - Market Psychologist - The Big Speculator
