I’m Averaging Into The Same 810s

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July 26, 2007

This market is insane. I wish I didn’t go long with index funds.

I’ve averaged my position down to 13.42 in the R2K calls. I think they will close near even to profitable today. With all the volatility going on, don’t be surprised if tomorrow is an equally big up day. Consumer confidence number comes out tomorrow.

I sold GSS. I’m keeping and riding with HLIT.


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  • http://www.stockrake.com Sensei

    Same pattern as yesterday. Watch for a test of the 10dma on the 5min charts. The markets might relieve some of this loss starting in the next 15min.

  • http://www.stockrake.com Sensei

    Same pattern as yesterday. Watch for a test of the 10dma on the 5min charts. The markets might relieve some of this loss starting in the next 15min.

  • http://www.stockrake.com Sensei

    Doesn’t look like its happening. Bad trade as we get to new lows….

  • http://www.stockrake.com Sensei

    Doesn’t look like its happening. Bad trade as we get to new lows….