The market bottomed at 1:15 pm and had the most methodical climb back to unchanged Ive ever seen - I fell for the bate and pressed some shorts at the lows of the day - I didn't realize that a half a percent decline after a 52% increase would be such a buying opportunity - but alas it was. I guess the ibanks need to keep the market up so they can sell all of these offerings of which I already see 4 or 5 tonight - rigged game?? nahhhhh. The more stock that is sold the more people want to pay for it - that makes perfect sense.
MPGpA was my stallion of the day - up 25% on the day, Ill take that - I sold a small amount of my position just to maintain some discipline.
That ridiculous run in the SPUZ in the last hour and a half ticked (no pun intended) me off - take a breath for peets sake. Still a good day over all. Im in for two deals and counting tonight - I dont have much faith they are going to be big winners but its an odds game.
Have a good night
JB
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment