Pretty great day for traders like myself. Came into the day with a huge gap up that I shorted into and then bought after noon on the notion that we would see higher prices. Remember if you read the blog and remember the riddle there was one line jan 15/16, on either of those days I expected a low of the week, which HAPPENED.
Now we have a three day weekend, so we will see how we do next tuesday, more than likely it will be a positive day and I will write a note on why I say this over the weekend.
Well bye for now and keep on ROCKING. How is our FAZ play doing??? Still think we can get a double on that long term but take profits as it goes.
MARKETJEDI
Friday, January 16, 2009
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