It’s Thursday, welcome to red

I was stopped out on my Forex GBP/USD trade.  The good news is that I didn’t lose more than $37, the bad news is that if I had a wider stop I would have eventually gone to a near breakeven point, but as of this writing the trade still wouldn’t have been positive.  At least the market will be red today.

Ya, that’s right.  I think that the market will be negative today.  The DJI futures is currently up like 24 points.  Not going to happen.  This day will be down.  Well, that’s my guess.

So take that for whatever it’s worth.  There’s a trader whose blog I read daily, he thinks because where the TRIN closed there’s a good chance the DJI will be positive today.  I guess I’m just going to be wrong if he’s right.

Any predictions from the reading audience?

Any stocks that I should be looking to invest in?

AAPL is currently trading down a few cents, nothing to be excited about yet. 

RIMM is down a dime.  Again, not enough yet.

SHLD is looking to open higher, that won’t be too good for my position.

Let’s see if this is the day that I lose half my account’s value!

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Posted By: Michael

News Category: AAPL, Forex, GBP/USD, RIMM

 

 

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