Monday, September 08, 2008

Game Plan for the Week

There are not a lot of great setups going into the week. Currenly I plan to manage my commodity bounce positions, watch financials for long entries and keep an eye on shorts that are setting up.

1 comment:

Chris said...

I am pretty amazed with the continued weakness in commodities. I don't expect a new bull run but you would think they would bounce a bit at some point. They continue to be very oversold and it doesn't help that the dollar is stronger again overnight. I guess it is true that in a bear market, oversold stocks become even more oversold. Any thoughts on staying with the trades or are you out if NOV/POT/X hit your stops? Thanks in advance on any insight in to how you "manage" your trades, specifically the commodity trades listed above.