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Strategies & Market Trends : The Player's Club

SPY 684.83

+0.6%

Dec 22 4:00 PM EST

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To: Magnatizer who wrote (4743)	1/26/2000 3:49:00 PM
From: Soumen Barua	Read Replies (1) of 11513

David and Gersh, Thanks guys. I had to do something after the beating I took by making a single careless mistake. I guess it is common knowledge among the traders how they wipe out whole months worth of profit by a single bad trade. For me it was not even a bad trade, I just took a gamble (which I normally wouldn't) but didn't expect that it would turn deadly. As for today, I had a sneaky feeling that today's close will be bad but I just let it go and closed my short. I will go long tomorrow and possibly initiate a long position sometime after close today. Good luck and all the best as always, S

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