Well, I got nothing this morning – markets are running a bit in circles and after scanning through about 10 symbols it was clear to me that this is a textbook morning to just sit out. Big part of the game is knowing when to act and when to sit back and let the tape come to you.
I almost got clipped on the E-Mini – one single tick kept me from being stopped out, thus far. That is courtesy to my old standing habit to never place a stop at a round number, even on the index futures. That said however, we may get a bit more of a shake out today and this has been a bit of a lottery ticket – so odds of survival of this campaign are low. See you guys later this afternoon.
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