I recouped some of the losses from yesterday. Kept on removing topline protection as I need more bottomline protection now. The Spanish recession and other developments in Greece continue to weigh in on the market. I am at $5,394.14 today. If the markets stabilize tomorrow, I may still get to a week to week gain, albeit a very small one. If markets fall tomorrow, which I think shouldnt happen as there have been 4 down and 2 flat days in the past 6 days. I think the market will cling on to any good news tomorrow and rise.
As I once heard - 'Day trading is not about knowing the market, it's about knowing yourself.' As of mid 2011, I have dabbled in options. Started with covered call and moved on to spreads. My linkedin profile is:
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