"All your hard work will soon pay off." That must mean the work I've put in learning to trade, right? I hope so because I'm ready for it. I have stayed away from this confirmed rally so far because I haven't found anything breaking out of a good base yet and I'm okay with easing back into the water.
But I gotta say this has been a frustrating time. I was thinking that we would get a good correction and reset things some. I should have not traded at all, but I got cocky and shorted a couple of indexes. I don't think it was out of boredom, but I do think it was out of fear of missing out. Reading blogs and listening to BizRadio, I was hearing about all these people making a killing in the down market and thought I should get a piece of that. I would have been better off preserving my capital. Instead, I've pissed away another 2-3%. I should know better by now, having been learning this stuff for more than a year. Of course, last summer during the correction, I traded the entire time, so I'm doing better than that now, I think.
I do like the looks of LHCG if it can make a new high, ROCM, and AB if it can retake the 50day.
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