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
Trading psychology and sports
A hilarious clip: Bear on Wall Street