Wednesday, October 29, 2008

Trade Update

I took partial profits in DIG and AAPL. They both continued on yesterday's big gains, providing a good place to take profits. I have moved my stops up to entry.

I am still holding my full SSO position.

I made last night's trade report available free to blog readers. It explains my reasoning for my bottom thesis and going long near the lows.


ElGranRojo said...

Is it convenient buying DUG at 39-40???

The Market Speculator said...

It depends on your time frame. In the short term, we could see a pullback after the recent big move in DIG. If your time frame is longer than a few days, I think the 200 day ma offers a better price, especially when looking at risk to reward.