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Trades and Thoughts

 Jun 27, 2008 04:13 AM UTC
Return Risk
-8.97% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
SSO Positive 06/27/08 -39.13% --
POT Positive 06/27/08 -20.96% 08/06/08

Graphic_arrow1 Via The Market Speculator:  

All of my oversold bounce indicators are now flashing buy signals. However, I do have some concerns and am not taking on any huge positions here. While I have made some trades to the long side to try and capitalize on a bounce, they are all average or small in position size. Why am I not trusting my usually trustworthy indicators?

The reason is the bounce play hasn't passed the "gut check" test.


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