Friday, August 27, 2010

Looks like Bottom is In

Looking to buy back in on the down-tick, probably in the low 1040s...

This type of market action is how everybody gets screwed. The key is not to panic. I got out of my position at break even after taking serious heat because I didn't panic and I had a trading plan. I would have had to exit my position had we ticked lower and made new lows...

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