MysteryTrader's Commentaries

Give it a little room to run

by MysteryTrader on Feb 13, 2007

We bought the dip. Now, today's market has upside momentum. So, let's give it some room to run before we sell the rally. We had 3 days down, perhaps we will get 3 days up.

More Commentaries by this author

« Two way trade overdue?

time to ring the register »

About the Author

MysteryTrader

Almost nothing is known about the Mystery Trader. If there were anything much known, he or she would not be such a mystery, would he or she? We can say only this: the Mystery Trader has been trading for a long time, has learned a few things, mostly the hard way, has traded all kinds of crazy financial instruments, has made AND LOST an awful lot of money, and has not died broke well, not YET anyhow, but there is still time for that. The Mystery Trader writes these impressions and thoughts as a kind of an uncensored stream of consciousness journal or diary, largely for his or her own amusement, but also hoping these thoughts might help readers somehow, perhaps occasionally, prevent them from doing something stupid. The Mystery Trader hopes that his or her thoughts might help YOU keep from losing YOUR shirt in the world's biggest casino. The financial markets are notoriously tricky and have ALWAYS been loaded with disinformation, deception, raw deals, chicanery, and outright criminal theft. Unfortunately, little of this bad behavior is caught and punished because the financial markets are too big and chaotic. The Mystery Trader certainly and explicitly does NOT recommend that you blindly accept any ideas presented here or take anything expressed here at face value as actual fact. On the contrary, if anything, the Mystery Trader hopes that this blog might encourage you to think entirely for yourself and develop your own UNcommon sense. Be careful, have fun, and good luck!

Commentaries

Commentaries Home

Search Content

Popular Tags

Become a Contributor!

Education

Markets

Community

Company

© 2009 Barchart.com, Inc. Quote data provided and hosted by ddfplus.
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.