Pre-open 08-14-2006...

Ah, another week, and hopefully another winning trade or two. I am still concerned about the number of trades I made last week. Overtrading is an easy way to wreck one's portfolio. Yet, if the setups are valid and criteria met, the trades may be winners and profits follow. Time will tell. Even with the concern of overtrading, I am still looking at charts, looking for winners. 81 charts were downloaded on Friday and I like only four: RIG, ABI, AV, EK.

I think I will review my criteria this morning and reflect on previous trades in light of the trading checklist. I will be curious to note if I've pressed trades that do not meet all my demands. Other than that, it should be a busy week with CPI and PPI coming out. I sure could use an up week...

For now,
Masterjaz out