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08-May-09

Market mania

This market is crazy.  Someone is pushing our buttons.  There is no rational for the market to do what it is doing. 

I saw such an overbought condition, I decided to go for a one day shot and it turned out to be about three days before we got the drop.  Will we continue down from here for a while?  I don't know, but at this point, I'm scalping and taking trades only when I feel 80% or more confident on what direction they will go.

 

 

Posted at 09:24 in Strategy  |   Permalink   |  Top

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