Sunday, August 07, 2005

More on my VLFG sell

I had no target when I sold VLFG. I was preparing to short the QQQQ in anticipation of the market dropping off after hitting 2220 on the nasdaq composite, and like Gorden Gekko said, 3/4 stocks follow the market direction. I had so many reasons to sell this stock, I guess I just got lucky it was near the top. Sometimes I sell too soon though, like with XWG, it continued to move straight up after I sold it in the high single digits. I don't mind though, I'm only trying to make money.


At 12:48 PM, Anonymous Anonymous said...

Do you consider yourself a day trader? Are you doing FOREX?


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