by, 12th-December-2007 at 11:57 AM (4430 Views)
Once in a while a day like today comes along with lot's of opportunities for contrarian trading.
Always on the look out for the 'waterfall' set up - pronounced sell-off followed by cautious rebound.
Took a few longs on gold and XJO at the base of their respective waterfalls, so jagged some lunch money.
Also took an long entry on ZFX (14.93), both from oversold intraday and t/o potential aspects.
Got stopped out of my 'set n forget' XJO short trade (6690) last night - doh. Missed it by that much!
Last one out turn the light's off
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