Glad to be back and trading.\u00a0 Keep an eye on HK today.\u00a0 It closed below its secondary price.\u00a0 If it shows weakness on the Open I will play the downside momentum.\u00a0 HK closed below the secondary price but it didn’t show extreme weakness into the Close.\u00a0 So I am looking for confirmation that HK will trade lower.<\/p>\n
Not a great sign for LEH that it got hammered after it gapped up on the Open.\u00a0 The XLF did rally a bit into the Close but overall LEH was very weak yesterday.\u00a0 LEH was certainly the weakest of the banks- MS, JPM, GS, MER.\u00a0 Does the market think they are the next market blow up?\u00a0 I hope not.<\/p>\n
After a week away from my screens I traded with less size yesterday.\u00a0 A feel for the market is very important.\u00a0 When you are away for more than a few days your feel evaporates.\u00a0 I need to regain my feel.\u00a0 Until I do I will continue to trade with less size.<\/p>\n
Looking forward to making some more good trades today.\u00a0 Good luck with your trading!<\/p>\n","protected":false},"excerpt":{"rendered":"