Tuesday, September 1, 2009



The transformation is complete. We're on autopilot until the EOD rampup.


As is all too often the case, I was early. Early tightening the stops yesterday (though this morning's headfake might have convinced me to sell anyway). But especially early on my thesis. My POMO intraday drop thesis played out perfectly today. Unfortunately I was too discouraged by the externalities from last time I tried to play it to keep my eye on using the same strategy again. Lesson learned.

My main dilemma today is whether to go long for the scalp or use the coming run-up as a good short entry. And I'll need to make that decision fast as events are catching up with me.

No comments:

Post a Comment