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Tuesday, August 30, 2011

Still very small positions and taking fewer trades. Only hit +35% of daily goal

1st positive day in a week, still staying cautious


FCX - Long wrong, short wrong.  Lesson: INDICATORS DID NOT SAY READY TO SHORT.

LVS - great long entry on break of yest. highs, however failed to give wiggle room and took off prematurely keeping only +.10 instead of +1.5

BIDU - initial long worked out well, but didn't look to re-enter on obvious p/b at 50 MA and previous high. 

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