Tuesday, February 3, 2009

How Low is Low?

Gotta keep asking myself this classic question: how bloody low is low?

I suppose that this game absolutely requires us to be confident, be decisive, be brave and be anything except being stubborn.

The dumb trades I made last Friday was primarily a result of being foolishly stubborn. I bet on a rebound which never came.

Today's few hours have seen some erratic movements in DOW. No major stats and corporate results will likely dictate where the market is going. I think it will test the 8000 mark later in the afternoon.

Ending Bal: €57,141

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