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October 11th, 2005 by eyal | Filed under General rant. |
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Looks like a day of mixed indices and sectors performance and some level of consolidation. This may be a precursor for another move, whether up or down is the million dollar question. I am reluctant to add more positions so last weekend I only made some small changes to existing orders and stops. Will want to wait and see where the next move takes us while having a smaller exposure in the market. This sort of market timing is quite tricky though since you can miss out on big moves so it’s a question of balancing risk management with potential reward for taking the risk and being in the market.
