While the pennies are running, my main focus now is not so much into pennies anymore. I would rather trade safe than trade risky, so I shifting back to the blue chips. As speculated this morning not to chase to short with the mass as there will be a rebound, I waited until 9:37am before executing a trade. Shorted Noble at 1.055/1.06 since I mentioned that I am bearish in the near term. Covered at 4:03pm for a fast $500 dinner money. Nothing to cheer about since it's only $500, but nevertheless it's a good $$ considered that Noble had not much range today.
http://stockmarketmindgames.blogspot.com/2013/11/sti-never-chase-to-short.html
Ronald K -
Market Psychologist -
The Big Speculator
