April 13, 2004

My Daily Market Report

It was a tough day in the market today. I had eight stop-loss sell orders bail me out quickly today. In general, all sales were between breaking even and losing 5.8%. One buy order triggered this morning, but then sagged. I wound up down almost 6% on that trade.

It looks like my cup-and-handle hypothesis might be false. Perhaps we’ll be looking at double-bottom formation.

Posted by Ted at April 13, 2004 9:04 PM