Friday, May 21, 2010

I hate stops!

Blown out of 3 longs on the open.. only to see the market come roaring back. I knew this would happen yet you have to take the stops cause the one time you don't it will just keep going and you will buy the farm. Shit! HMIN, IMAX, and TPX all blown out near the LOD.

I think its the law of the universe. When you take a stop, the stock goes straight up, when you don't take a stop, it continues to plummet. Just amazing phenomena.

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