Watch Those Round Numbers

Oil's getting real close to $50 this morning and the Dow is just a hair above 10,000. It'll be interesting to see how they react to those round numbers -- especially oil.

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Quoted

"Keep it simple and try to limit the number of decisions you have to make every day. If you want to judge how quickly someone will burn out, just look at the time-frame he trades. People who trade 1 minute charts will last about 1 year, 5 minute charts maybe 5 years, etc. ;-)" ~ Chairman MaoXian
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This page contains a single entry by Michael published on September 27, 2004 9:58 AM.

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