If you sit near me on our trading desk you have heard me say, “In a strong market real companies get bought.” What I mean is when a real company gaps down, in a strong market, it is likely to find a big buyer and find a way to trade higher. But then there was UPS on Friday. This was … Read More
Was I Correct Not to Make this Trade?
I just spent thirty minutes writing in my trading journal about a trade I did not make. I am pretty sure the young trader recently moved next to me thought this was a little odd. And then I got up and walked around our trading floor (btw very nice digs) and talked to anyone who would talk back about the … Read More