Wednesday, May 02, 2007

Wednesday Morning

Don't like the market - wait a day. Today will probably be a reverse of yesterday - boom up in the morning - hit the ceiling - drift into the close.

I added to AKS and started a new position at the open (swing trade) in BGG off a cross over filter. So far I am pretty pleased. I also put a day trade in on AV (a cheap stock). I am not pleased with that one but at least it is going in the right direction.

I'd like to see the Q's break through R1 (where they are right now) and go up to R2. It could happen even with all of the indicators showing neutral. Today is one of the buying days on the week so maybe we will have a better day than I expect.

Good trading all.

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