Saturday, November 29, 2008

Day 9/10 - Happy Thanksgiving!


My returns are still strong, up 33% after 8 days of trading, but it wasn't enough to propel me past the 3% mark.
I took the holiday break and on Friday the stockmarket surged creating new highs. My feelings are still that the rally is most likely tied to weakness as opposed to new purchases . Monday will be the litmus test to see if this rally will be sustainable.
My market trading tactics will most likely remain the same. There will be more aggressive buying and selling in the currency market, but I will still look to follow the trends. At this point the dollar is strong. Sunday night will give us the best indicator.

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