Is there any question that we are still in a market correction?
Friday will be very interesting... I wonder if people really believe anything the Fed does can really have a lasting impact now, after two years of policies and spending to end up at this point...
August 25th, I chose KFT @ $34.52 with a stop loss @ $34.17. It did not trigger.
For August 26th, I'm choosing SH @ $46.03 with a stop loss @ $45.52. This is based on a hunch that the markets will remain unimpressed with whatever the Fed presents.
OVERALL
The Overall total return is 72.8% since my first purchase in June.
So far... 8 winners... 2 even... and 11 losers (at -1% each, and one at 0.3%) for a great overall profit.
I would encourage you, especially if you're looking for a more stable, weekly approach to trading, to look at http://www.investinthemarkets.com/.
See you tomorrow!
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