Tuesday, May 29, 2012

Today is May 29, 2012, account value is about $1000

As I had analyzed since my last post in February, the market dropped to a low of 1295 ES. It has since then recovered. I am currently long. As one may see, I have very little money left. Its going to take a long time to recover my losses. Probably years, if ever. However I continue to study the market, charts, and behaviour of the masses on Wall Street. It is a lively, ever-changing, exciting world which never gets old. Money changes hands, wealth is distributed. I will post again some time. Know that I am currently long with QQQ calls. I dont have enough to trade futures anymore, not even 1 contract of NQ.