Wednesday, July 14, 2010

I am watching!


This has been a very boring market last few days (it is always boring for me if I am getting it right – have you seen someone like me who is bored when making money?  But I'd rather be bored as oppose to be winded up when I am wrong and losing!  Beside – my "day project" has occupied all of my time lately and the most I do with trading is setting orders buy/sell and patiently waiting those to get hit…or if they don't – I close at market at 3:56PM.  Keeps me interested.


2010-07-14_1927 Looking at the hourly SPY chart – I think we might close today's gap and then continue slightly higher – as I mentioned yesterday – I'll be waiting to see tomorrow's close to decide if I want to play chicken and waste some money on front month puts…I just might – if market will close the gap and move into green by EOD

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