Monday, November 24, 2008

Emotional Trade

Bought DIA call at $3.20. The market was soaring and the Dow was up 300 points already. When I bought it, the market stopped. In an hour later, the market has been trading up between 280 and 320. Hoping for a highrer pop.

Sold today at $3.10. Obama started speaking announcing his economic team and the dow immediatly started plunging. Got out with a $10.00 loss plus commision. Thank you Jesus for the save!

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