Sorry, I only just realised I'd forgotten to post yesterday.
Anyway, not much to report except that I changed my stops as per my previous post. Locking more money in is my favourite thing to do regarding trading.
Stopping short selling certainly hasn't stopped the market falling has it? Maybe everyone is dumping their stocks in the anticipation of buying them back when they've bottomed out because if they stay in them it may take years to recoup their losses.
Either that or they're just plain scared and have no intention of entering the stock market again.
Anyway, I really wouldn't have the faintest idea.... Nor do the experts if you can call the talking heads on TV experts. Just watch the charts and do what the charts tell you.
Most of my trades are shorts so I'm happy for the market to keep on falling.....
Sharon
Monday, October 6, 2008
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