Friday, November 7, 2008

I have been busy the past few weeks, digesting what has been occurring in the market and the economy, and essentially learning more new things.

I have been watching Dan Fitzpatrick's videos, and gaining confidence in what he has been saying about the volatility and how to guage the range of movement in the broad market. I realize that I could be trading the volatility, and essentially making a wad of cash in the process. Up until the near future, I have only been doing some mental trading so that I can get a feel for how and when I should be buying and selling shares, and for at what price.

I'm going to wait for the top of the coming rally, then put in some modest stop loss orders, possibly along with some shares of either SH or SDS.

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