A trading journal site following the in's and out's of the trading day through my eyes. Market sense and commentary. In no way should this be interpreted as a site for recommendations or stock picks. If you treat it as such, do so at your own risk and may God have mercy on your soul.
Wednesday, September 21, 2005
Wednesday Trading....down?
Today's futures are pointing down so far, and the Q's are currently at $38.78 in premarket trading. Hurricane Rita seems to be heading for land and looks mammoth when viewed on TV. They show the big swirl on TV with those vibrant colors and the entire storm takes up just about the entire Gulf. We'll see how the Hurricane and the Fed announcement move the market. Personally, I feel a move downward right now and am feeling a bit upset about selling my Puts. However, I've decided to make small gains every day instead of going for that big trade.
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