Tuesday, February 2, 2010

February 2nd, 2010

The only time I can post today was after hour.

The market bounced off from the strong support level at 106 to 107 for QQQQ. Also USO bounced off from 35 to 36 area. The last two trading days was very encouraging for the bulls. But is this rally for real or headfake? Also the spot gold bounced off from 105 to 106 area.

I wish that I can hold my GLD and SPXU for more gains. From what I learned from the past is that when I am on travel, I should never have any open positions. No loss and no pain, but no gain and no profit.

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