Stopped out of long ES @ 1090.75
This is why should ALWAYS trade with Stop Losses
Considering playing the bounce here
Friday, June 4, 2010
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About Me
- Apple Al
- Manage apple orchard & processing business full time - trade part time Traded cattle futures professionally for family meat packing company in 1980's Also traded stock indexes for own account Won the US Trading Championship - Options Division in 1986 (500%+ return in 4 months)
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Al, I hedged 50% of my long SSO with VXX-T Friday after 3:30PM. Eventually, I may have to take a loss on those SSO's.
ReplyDeleteDoesn't look good for the bull case at all here, doing a weekend update, should be up in an hour or so.
ReplyDelete