Wednesday, January 13, 2010

FITB Update

That's that. The stop was hit today at 10.90 (29 cent loss). I may be making my first mistake of the year by breaking one of the trading rules. I did not sell. I have a feeling it was a false shake-out and believe it will close above 10.95 today. This would be bullish. I am going to let it play out a little longer. Call it a poker instinct....Not a good idea to break your rules;however, sometimes you have to go with your gut. let's see how it plays out.