Tuesday, March 29, 2005


The Dow closed down about 80 points today. This could be a pause in the downtrend still or a continuation of it.
We'll see how tomorrow plays out, but the market is very oversold.

According to what I wrote yesterday, I'll exit the hypothetical trade from 10728 today and again to be very conservative about it, I'll consider that I got out at the worst possible price of the day--the high of 15565. This adds up to an extremely conservative +165 Dow points for this trade.

I'll keep a running total at the bottom of each day's entries.

+165 points

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