Message #24 From:
xcelwealth Date: February 11, 2009 02:10:44 AM
The key to retaining profits is entering and exiting positions when the time is right
Dear Fellow Trader,
The market found support and posted a nice two day rally
on increased volume as buyers stepped back into the market. The two biggest
sectors were financials and homebuilders posting solid gains for the week. It’s
important to note that both those sectors had the largest amount of short
selling, it looks like traders started to cover their short positions, which
boosted both those sectors.
How did your stocks, ETF’s, went the last couple of days?
I find quite a choppy week. One day up, the other day down.
That is why I stay out of Stocks at the moment. However, I keep a close eye on
stocks and ETF’s for my Options and futures Trading to ensure I don’t miss any
profitable moves.
Just
remember to become an independent trader... because independent traders know
what to do in the markets, every single time, no matter what happens.
Why not
sharing your experiences with us? We all can learn from other people.
