Wednesday, October 05, 2005

Current trading position

Okay....I am totally breaking the mechanical trading method and am looking to recoup my losses. Therefore I didn't close my short positions (long Oct puts) and I didn't switch to going long as the RSI(5) method dictates. I am looking at a new method for entering a trade and will post on it shortly with a detailed chart. The Q's and the market went down fairly well yesterday with heavy volume.

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