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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (14439)8/20/2008 4:50:58 PM
From: Smiling Bob  Read Replies (1) of 19257
 
DOW was unch at 3:30
But as often happens, another out of the blue save in the last 30 minutes threw mkt off course. Closed up 68.88, not far from morning highs and that reversal ended up putting me in the red for the day. My buys- AMZN and COF- were all good and black until the last half hour. Seems to be the intent- throw shorts for a loop. Screw with them enough and they'll eventually become believers too.

But mkt was weak most of day coming off two losing days. That's atypical and sets the stage for more losses this week as well as keeping my overall tgt in sight.
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