Trading brief at 2006-04-04 01:40:17
Today was a little wacky.First thing to note was the comments made by Herb Greenberg this morning,basically giving ICE a red flag.This also gave ICE the heads up for being in play.I got clipped pretty good this morning in ISE,which was definately “not” in play today,but finished with a strong come back trading ICE the remainder of the day.Definately says something for choosing your stocks wisely and staying away from the ones that are not in play.It also shows there is something to be said for not backing down too early,just because your down.Granted there are those instances when a trader should walk away,but there is also no better feeling than making a huge come back after getting clipped early on.I have to run,I hope you all had a great day.
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