"Taking it one day at a time because there is nothing better to do than living in the present."

Tuesday, August 24, 2010

Third Strike, I missed!

I have learned it is better to wish I was in the right side of the trade than to wish to get out of a losing trade. I did not short the market yesterday, so I miss the morning collapse. I missed a PCLN gap down. I miss making probably the largest profit I could make for the year. Yet I an fine considering I am not losing money, excluding retirement account.

Housing data has not come out yet, but negative sentiment is too heavy to make me bullish. Hopefully the housing data can turn the market. Yet the market does not care about hope.

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Disclaimer

All information in this blog are not to be used as investments by anyone. It is shown only to record my own experiences in the markets. I am not responsible for any lose, pain, anguish, or death you may have from following my trades. Therefore I polity warn all readers to use this site's information at their own discretion.