Trying to profit on the falling knives (oversold stocks & huge pullbacks).
Tuesday, October 30, 2012
What a relief!!!
I hope everybody in the Northeast stayed safe during Hurricane Sandy, and I want to extend my condolences to all the families who lost loved ones in the storm. I've been at casinos the last 2 days trying to get my fix since I couldn't daytrade...LOL! Anyways, markets are going to open tomorrow, and I think we should get a lot of sellers right at the open. Not sure how long the selling is going to last for, but it should be sufficient amount before we see any real buyers coming in. Get ready to short at the open tomorrow.