Posted by marketguy on 30th of Sep 2009 at 06:20 am
and on that CIT news the futures hit another new high this
morning....
reminds me of a quote from a couple years back:
"on Tuesday the market fell on news a life ending meteor was
going to hit the earth on Wednesday...however after hours it was
determined the meteor would not hit until Thursday...futures
rallied on the news"
Yep that sucks, but this a good lession as well, that's why on
these low priced POS stocks, keep position size small and take
profits, at least 1/2 should have been taken off the table today as
the first target area was more than exceeded; and many times
I just day trade these suckers.
CIT Down After Hours
Posted by mkrmdz on 29th of Sep 2009 at 11:41 pm
http://www.marketwatch.com/investing/stock/CIT
and on that CIT news
Posted by marketguy on 30th of Sep 2009 at 06:20 am
and on that CIT news the futures hit another new high this morning....
reminds me of a quote from a couple years back:
"on Tuesday the market fell on news a life ending meteor was going to hit the earth on Wednesday...however after hours it was determined the meteor would not hit until Thursday...futures rallied on the news"
Yep that sucks, but this
Posted by matt on 29th of Sep 2009 at 11:52 pm
Yep that sucks, but this a good lession as well, that's why on these low priced POS stocks, keep position size small and take profits, at least 1/2 should have been taken off the table today as the first target area was more than exceeded; and many times I just day trade these suckers.
lesson cost me 1K
Posted by dylan398 on 30th of Sep 2009 at 08:17 am
lesson cost me 1K