Wednesday, September 30, 2009

Get Cautious

Not a great day -- I made several very dumb moves again -- fortunately for minimal losses.

I've had several great days in a row.  It's very easy to feel 'blessed' and go out and buy any old sack of shit stock and assume it will rise like recent winners.  That never happens.

Market is bouncy and unpredictable lately.  My take on short term moves has been perfect, as long as you did the exact opposite of my calls.

My 'pump' screen is very red here.  Today is not a good sign -- the dollar is down hard but the markets still can't rally.

For the most part, though, I do best when I mostly ignore the markets and focus on my stocks.

No comments: