Trading in Hawaii is mostly a disadvantage. Altho, you can start your day early with trades and still get a lot of other stuff done later in the day.
What a sell-off... AND what a run on gas... i kept saying to myself last week, " i should buy some USO..."
Anyway, WISH I WOKE UP EARLY!!! and bought puts in those Ags. I would have had a REALLY nice day today. In any case i bought a put each in POT & AGU (iʻm too poor to do more), as opposed to MON... i finally let the bid price come to me and am sitting in the positive. oh wow, itʻs only after the fact that i noticed that POT/AGU(as well as MOS) touched or fell through their 50 day EMA today. Weʻll see if it continues tomorrow, i dont expect anything anymore.
Solars got a whacking today as well... i think the FED opens their mouth this week. but at this point i dont think any rate cut will start a more than a temporary rally if at all.
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2 comments:
Where yah been stuck. Haven't seen u in a while.
THe Bear raid party started last Wednesday. There's no need to wake up early. I kind of like getting done with the market by 11 cuz I get more time to research stocks, and back testing sector performance for the day. Trading is 95% research (including bloggin), and 5% click and watch. I laugh at day traders who do it the other way.
I'm just waiting for the Fed to do something so we can get another short cover rally. I think 11,700 will hold for a few days.
-gio
Where yah been stuck. Haven't seen u in a while.
THe Bear raid party started last Wednesday. There's no need to wake up early. I kind of like getting done with the market by 11 cuz I get more time to research stocks, and back testing sector performance for the day. Trading is 95% research (including bloggin), and 5% click and watch. I laugh at day traders who do it the other way.
I'm just waiting for the Fed to do something so we can get another short cover rally. I think 11,700 will hold for a few days.
-gio
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