I am trying to catch up a bit even with relatives still in town.
The down open is too much for me so I'll ride it out a bit--looking for one of those Wednesday reverse-trend days to maybe lighten up if things still seem bad.
When things are good we are high, but when MM trying to push market down, emotions is getting to us. Question is , is it time to sell since we are still holding 1220? Pullback is expected, but this is a little too much handle. Is that what big guys wanted us to feel before getting all our cheap shares?
One more point, we are approaching the best season of trading for long, and MM knows that too. I hear that a lot of fund is at a break even point, so they needed the market more than us
8 comments:
Hey Saleem,
I am trying to catch up a bit even with relatives still in town.
The down open is too much for me so I'll ride it out a bit--looking for one of those Wednesday reverse-trend days to maybe lighten up if things still seem bad.
Stocktrader
Hi Stocktrader,
I have put a higher price than opening price for my sell order on two stocks..it is not filled yet.
I am watching TAPE closely to make any changes...
Good luck in your decision making.
Saleem
Hi Saleem
When things are good we are high, but when MM trying to push market down, emotions is getting to us. Question is , is it time to sell since we are still holding 1220? Pullback is expected, but this is a little too much handle. Is that what big guys wanted us to feel before getting all our cheap shares?
Saleem,
Most of stocks have bounced off their supports nicely. I am still keeping most of stocks 80% exposure and waiting for the better.
Michael
Hey Saleem,
It is amazing how much I "missed" in the day I haven't been watching closely--the hazards of maintaining a high-beta portfolio I guess...
I hope to take a closer look later in the trading day after the company has left.
Stocktrader
Hi Up, Michael & Stocktrader,
I put a higher price on my sell which gave me a chance to watch TAPE...i cancelled my two orders.
Good luck to all of you.
Saleem
Saleem
One more point, we are approaching the best season of trading for long, and MM knows that too. I hear that a lot of fund is at a break even point, so they needed the market more than us
Hi Up,
YES..Q4& Q1 is the-best time in the market.....
That is the reason we are seeing "bargain hunting" in Greece related selling.....
Hopefully we may see a reasonable close.
Good luck !!!!
Saleem
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