i felt market was going to break highs. looks like they slammed it down.


















news about them buying SII. tight consolidation. i had a trendline alert which fired off but i passed on the trade. i just haven't seen breakouts work in this market. maybe this scenario was different because it was down on a buyout offer. i passed the trade because i did not want to be wrong. i.e. lose $30 bucks. but at one point are you not taking the trade because you don't want to lose the money, or not taking the trade because you didn't think the setup would work. first and foremost, i didn't think the setup would work.






























shorting retracment

















just a gamble. either it was going to keep going up, or down. i choose down. looks like it should have been up. going up against walmart is a big deal.

















i felt market was going to break highs along with fcx. even doubled position. didn't work. no big deal. nice drop after though.

















buy the retracement. looking back, maybe the pullback was to deep.