Tuesday, July 1, 2008

Sweet

Seem the call for the bounce was right and that's why it is great to be traders as you get the profits. Market bouncing here 200 points and we took off most of our shorts for huge gains and 1/2 TWM long nice.
Market is very very oversold here so watch your shorts and we might be in alittle bounce formation for a couple of days.. MAYBE

TRADE CALL UPDATE :TWM

Selling 1/2 here +$13.

NICE 20% gain on that.

ONLY 1/2 SHARES.

Pre-Market

Seem like the bears are in full effect here before the open. News out of Europe of more banking fallout plus negative news on LEH (Lehman). Maybe we get a hard flush down in the few part of the day then reverse in the afternoon, which would be the ideal situation in my mind.

Again not much trading for me this week but maybe I do step in today if volume is good.