One Trade in TXN
July 24th, 2007After a few days off I was back in the saddle yesterday. It was a difficult day as the market gapped down hard and the trended up most of the day. I had a very large number of short candidates today - much larger than normal.
I ended up taking one trade in TXN, which stopped me out pretty quickly. On another day this might have worked. I took this trade shortly after 11AM which, as you know, I should be thinking twice (or three or four times) about taking.
Hopefully others were able to make some money today. It looks like Eyal was able to pull it off.
Here’s the chart:
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