Monthly Archives: June 2011

Overtrading

It’s been a few days since I last posted because not much had happened.  Today I’m back because I had a bad day and I need a place to vent. Today the market finally had a follow-through broad-rally for the … Continue reading

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Opening Range Trades

I tried out the opening range setup recommended by Cobra at. The opening range (OR) setup typically uses the first 5 minutes or 30 minutes (10 o’clock) as the open range and enter trades on break of the range. I … Continue reading

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Feeling the Pain

I remember I got the feeling of “relentless buying” every other day during the QE2 bull market.  But ever since SI “confirmed” that the top was in, except for the 1 day which fooled just about everybody to become a … Continue reading

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Stopped-Out Galore

The market continued last week’s sell-off today, relentlessly I might add, down another 1%.   It is now down 6% since the beginning of May. Even though I am bearish, I couldn’t benefit today because I’ve sold out my last shares … Continue reading

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Roller Coasters At the Cross Road

I’ve been wearing a bearish hat since the latter half of May.  It wasn’t all that comfortable because during this whole month of May the market really did look like it was just flagging and getting ready for the next … Continue reading

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