Wednesday, March 31, 2010
Range Bound
For the rest of the day, I think the market is range bound, with a low around 1165 and high around 1170. The ADP report came in light, but the market shrugged that off. Same with the Chicago PMI numbers. I think we're going to selloff later today and will likely rally tomorrow ahead of the nonfarm payrolls.
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1 comment:
Hows the trading going lately. March has been a shitty month for me. I'm totally miserable. I hate losing money.
You know, it's just my opinion, but now that we are entering a cyclical bull market, maybe you should start to incorporate more long strategies in your trading other than just buying dips.
You know your trading strategy is just a product of the environment you grew up in while looking at the market. Think about it, buy the time you started, you were witness to one of the larget bubble bursts in the history of mankind.
All of the post 1980 born fuckers I see on twitter, they are all conditioned to buy breakouts. I do the reverse and buy breakdowns.
I don't know, it might save you a lot of money and other people who look at your blog.
You know because in reality, we are all just a product of our environment whether it's relevant or not.
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