- After seeing Sol and then Erik, and then Atilla all went long today. I started to add. Against my plan yesterday. I thought these arguments are great.
- I added QQQQ calls at 0.99, 0.94, 0.9. Very bad entry in ET. FD is better, including two at 0.87 and one at 0.8. If I kept the limited order, I could entered at 0.8 and 0.78 respectively for FD and ET, both are far better than the current holdings.
- If I waited and sat out the middle of day rush, and then see the market in free fall, I might enter at the close, with is 0.83. Far better than the average I am in.
- Tomorrow's plan is following, if gap down, add 4K and 0.5 K respectively after 10-20 minutes. If not, keep it and hope and strong rally and then sell into the rally. Even there is a run away rally, I'll sell some into it.
- Follow Erik and Sol closely.
- On the other hand, don't take profit and rush back to short, these people who playing god will be burned.
- Now I am more in the camp that this selloff, keep adding on the way down, and it will have a atleast 10% rally back above 800. Now it's much like Oct. and Nov. sell offs.
- The key is to have enough cash to play it.
- I regret my decision to enter QLD and TNA in ST.
- ET and FD are OK. Will enter some in IB as well, since it's near the point. Unless Atilla calls for 4 sigma move again, which I think is unlikely.
- Tomorrow's bank plan will be key. All others news are not important.
- Think TK and Mole are weak beings and even Atilla and Erik were early sometimes, like today.
Monday, February 23, 2009
plan is nothing, can I at least wait?
yesterday's plan turned out to be golden, I should sit.
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