Watch List for Wednesday, August 27th

Phantasmix August 26th, 2008

Bad day. Pretty much flat: -$12.37.

I added QID today to hedge my QLD. Timing wasn’t right but I feel safer, will sleep better than if I didn’t do it.

Still have to get rid of 4 positions this week, as per the plan, but I won’t force it. No need to incur losses if I can wait.

Meanwhile, in preparation for my “big bucks” plan, I’m going to stalk (X: 39.48 0.00%) (U.S. Steel), looking for a good entry point, long or short, it just has to be convincing.

X Charts of every flavor

Daily

US Steel chart

US Steel Chart X

Weekly

US Steel Weekly chart x


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