Thursday, October 12, 2006

HRC...

The flurry of trading has not calmed as the market just keeps giving me plenty of excuses to keep trading. I entered a half position in HRC this morning after it completed the 'morning star' although not of the stricted standard. Normall, I would not like the tail today to enter into yesterday's real body, but looked nice and the trade fit all my criteria.

My notes:

I was very tempted to take some profits in MSCC as it has seen a run and my targets are very aggressive, but I held pat. It turned out to be a good thing given the market's late day move. As always, I'll be monitoring my trades, posting a watch list, and trying to keep my head on!

For now,
Masterjaz out

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