Wednesday, August 11, 2010

Thank You Lord


For the insight on XRT. As you can tell from yesterday's post, XRT just didn't "seem" to be acting the right way if it was going to go up. And today look what happened:
As you can see, we had a gap down and after the gap down, price continued down. Glad I got that intuition, saved me from a loss (greater than $2.00).

I am still in IWM, and I'm looking to get out of it. However, I don't want to get out of it today when we are at the lows, I'm looking for a bounce back up and then I'll look to get out and will then look for new trades.

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