Thursday, July 28, 2011

Hold confirmed.

Well, we had a decent rally that failed, setting up what looks like an inverted hammer. Implications are supposedly bullish but we'll see. I'm getting a hold signal, so I'll continue to hold onto my long positions. Tomorrow could be another bad day unless we get some good news. See ya tomorrow!
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4 comments:

  1. AnonymousJuly 28, 2011 at 3:43 PM

    This comment has been removed by the author.

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  2. RealMoneyIssuesJuly 28, 2011 at 3:47 PM

    JT, I am taking a break. I've lost too much and I am now a buy-n-holder until I recover my losses. My fault, I dove in too far and smacked a rock... :)

    See you in a few days.

    ReplyDelete
  3. law87July 28, 2011 at 11:13 PM

    Boehner actually give us hope then shut us down hard in the after hour...

    ReplyDelete
  4. MicheleJuly 29, 2011 at 12:58 AM

    I'm with RMI. I'm taking a total vacation from trading until this nonsense is over. It's now too late to sell and too dangerous to go either long OR short until the clowns in Washington perform their grand finale.

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