Friday, January 16, 2009

Friday Game Plan

I'd like to pick up a few long positions in anticipation of an inauguration rally. The fact that we are very oversold increases the chances of a rally. I will still use tight stops with the strategy of taking a small loss with the possibility of a big gain.

1 comment:

Anonymous said...

twitter will be really good for a quick post on a trade. I am a regular sub but i didn't get the quick profit alert that you locked in for half of your 12.77 FAS lot sold at 14.50. I sold it today for a nice profit. keep up the good work. A chat window will also be nice where we can form a community. -Shashi