I guess It's a fools rally. I may be the fool though. I bought 3000 shares of Bank of America a 3.06. I figured it was over yesterday at 5.42 and sold. It did go down, just like I figured....then rebounded some. Today It kept going to close at 5.85.
I have to keep saying..."Never look back, never look back" >:(
Will it continue tomorrow???????????? c*
Ya' never know.
Good luck on that though.
Can't think of it that way, if you're day trading, any profit is a good move.
Quote from: MountainDon on March 12, 2009, 06:48:12 PM
Ya' never know.
Good luck on that though.
I'm completely out now Don. I'm just grousing about what I always said to never do...second guess myself ;D
I don't normally day trade Mike....but....the market has been so predictably unstable, It's the only way to make a profit. I was sure we would have a small rally and I was sure BAC would jump up some just on hype, then after I bought, Cramer boosted it (I don't listen to him but he is sure to jack the price up for a day or two when he opens his mouth)...then the rally kept going.
It'll be interesting to see how far this goes. I'll stay out for a while though. I don't like it when I can't tell which way the tree is going to fall.
Second guessing or "what ifing" is never productive. What's done is done. Sit back and enjoy what you have. :)