Friday, 10 October 2008

Trades 10/Oct/2008

No trades today.
The wild start made 15min trading very difficult in terms of wide range bars and consequent wide stops on any potential trades. So I felt it was not worth it.

I remember a year or so ago (maybe more), a fall of -100 points on the DOW seemed to be considered a 'bad' day in the markets. Today you can almost feel the relief that it fell -126 and many will think it has been a good day. Just shows how much devastation there has been in the past week or so. Incredible !!!!

We'll see what next week brings. Hopefully some calmer times.

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