Tuesday, October 16, 2007

Nice Correction

Wow! These past two days have been ... "fun" *not!*

Watching my portfolio take a beating made me pucker up so badly I needed a crowbar to get out of my chair...

I hope people were indeed "watching" GBT, as the SlotMonkey suggested in his blog last night. Those DT's that jumped made some serious $$ today. No news, just appears to be a crossover jump. Gotta love those automatic systems...

I couldn't post yesterday, but I still want to mention a stock I own - ABB. I wanted to tell you yesterday that, once you did your DD and decided you liked it as I do, to wait for a dip before wading in. WELLLL?!?!

I am not doing the day trading volume I want, but don't think it matters right now. When I get frustrated, I take a "breather" by moving most of my $$ into longer term trades (that I have done all the technical analysis on that I can, and that I still like). I don't have to stare at the screen for 6 hours/day that way, and can move to my other desk and do research. Of course I keep an eye on the market and on my portfolio.

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