Archive for October 13th, 2008
I can't believe it, the DOW made over 900 points in todays trading session, a gain of over 11%!! WOW, this is the biggest ever one day gain I have ever seen! Sometimes I wish I had the capital to trade these markets.. this would have been a serious payday.
The past week, we had seen the biggest drop on the US and UK (and probably other markets but I only primarily follow the UK and US markets).
I hope this stabilises the markets and that we see further upside.. however, it is possible that
October 13, 2008
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I spotted an excellent long entry and went for it, got in at 175.61 and closed it out at 177.23 for 162 points! Hoorah, that's a nice gain. I could have held it longer.. it's gone up another 20 points since but I can't prise myself off this computer when the charts are moving.
I think the market has further to go.. there was a huge reversal on the US and UK markets today after all the help with the Financials from various governments.
October 13, 2008
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Last week the markets were in turmoil... however, there was plenty of opportunity for those who like to play the markets.. unfortunately, it was a horrible week for me.. I got excited by the markets but frustrated to see that I had missed most of the action when I got home and ended up paying with my account. Luckily, my account isn't large and any losses are generally covered by the sponsorship I make on the blog..
However, I got back into it and last night put on a long on the GBPUSD. It wa
October 13, 2008
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