Friday, November 23, 2007

Thin Trading Makes for a Slow Day



As expected, we are seeing light post holiday volume and a small bounce. I used the bounce to exit the remaining shares of XOM at $88.25 (entry at $84.20). If we continue to bounce on low volume next week, it might be an opportune time to unleash a few shorts that have good setups.

I'm done posting for the day and have some time to relax as the rest of my family battle the Black Friday crowds. Here are some popular posts from 2006.

John Tudor Jones and Rocky Balboa
Intuition, risk and trading

Picking tops at the office

Part time trading: it can be done!

Falling off the hill short setups

Jesse Livermore quote

Non-technical trading

Trading psychology and sports

A hilarious clip: Bear on Wall Street

1 comment:

Anonymous said...

Happy Thanksgiving! Your blog is one of the many things I am thankful for.

I enjoy your blog every chance I get to read it. Not so much for your picks, but I am interested in your disciplined approach and I especially enjoy the posts in which you analyze a trade that you have made.

There was some recent criticism of your blog, but I would ignore such nonsense and encourage you to do what you like to do. I appreciate the effort you put into your blog and I'm sure most others do as well.

Kind regards,

Jon H.