Tuesday, February 24, 2004
It's the final half hour of trading for the day. The market has been down along with GE. There really hasn't been any earthshattering news one way or the other. It is days such as this, when one might question his or her judgment and abilities. The market isn't doing what I expected just yet. I still think that this trade will work. My own RSI indicator that I made up is telling me this thing will bounce tomorrow or the next day. You gotta trust yourself. I'll also say that the Dow will hit 11000 by the March expiration on the 19th. That's a guess, but what isn't when trying to predict the future? At least the option price of GE hasn't gone down. It's still right where I purchased it. I'll try to get back here tomorrow.
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