The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Thursday, September 18, 2008

i have no idea what to do

I missed everything today. I missed the rally fade, missed the short squeeze, missed the fire-sale rally. I just sat by and watched it all take place. My hesitation on a number of issues proved to be very detrimental to the profit potential after the fact.
I did long a bit of AAPL at $126.45. Still holding my USO. Apparently tomorrow is Quadruple witching, so I'll be twice as clueless as to what to do.

Check out LVS; double bottom? Pending a drunken debauchery rally from here of course.
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