So, after a lower open in the market I was going to make a good profit, but the greedy side of me took over, and decided to wait.... bad idea, the indexes started jumping, and the price of CMI jumped up accordingly, before I know it, I was underwater. I could have sold for a small profit, had plenty of time to do it, but no, I had to wait, then the stock kept jumping I freaked out and covered, losing about .90 cents per share in the trade.... grrrrr, and now the price is back down again and would have gotten a bit of profit if I had kept the stupid thing!!!
Stupid market, In this volatile market the best thing is to sell close to the open if you have a nice profit. Anyways, I can't do much until tomorrow, when I am enabled to do a day-trade, I am a bit freaked out in this market to try another overnight trade, so that's it for me today, unless I get a case of the "can't help its" later.
Last Minute note: 15 minutes before the market closed I could clearly see that there is a reversal going on, so I decided to get into TWI very near to the close at 19.59. and the thing closed at 19.77!!, almost made back all the losses of the day. I am pretty confident that tomorrow will open in the green, so this is a great opportunity to reap a nice profit. see you tomorrow!
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