Wednesday, October 04, 2006

On Wednesday We Wrap

Not too bad - took positions in RHAT and DHI which are two of my favorites. Made some in both of them though I got out of RHAT too soon (how often I write those words - despite my resolve I can't help but run with a small profit if the trade looks to be turning on me). Regardless a profit is a profit.

Tomorrow who knows - the up/down ratio is 66% and the new 20 day highs vs lows is 1104 to 220. But the VIX stays neutral and the three sisters finished strong white.

I think it is a toss up and I refuse to call it. We'll just have to wait and see.

Old magic coin is 16 and 4, two misses in a row - for tomorrow - heads - bull market - who knows.

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