Tuesday, October 19, 2010

Cover and Buy!

Current market status:  Healthy
Latest signal:  Buy/Long (generated on the close of 10/19/10)
Previous signal: Sell/Short (generated 10/18/10)


Commentary
Nice trade from yesterday!  I generally buy or short the symbol TNA (3x leverage small caps) for my trading, and today was one of my better days - to say the least.  I covered my short in the final hour and went long near the close. We'll see how it works out.  It wouldn't surprise me to have another down day tomorrow, then maybe up into the end of the week. That's just speculation, though. I do as my system tells me, and try not to think.  :)

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