August 14, 2009

Disappointing day in the fact that we held a bias for a rotational day. Ended up a trend day with a short covering rally at the close. Both were missed due to the bias. Great lesson from even the pros. It's ok to have a bias but never neglect what the market is telling you. Anything can happen. No damage since no trades. Only the loss in opportunity. Look forward to a new week. Great weekend all!