What a week! Finally had a much needed pullbackĀ  to bring the bears out of hibernation. Russell 2000 ($IWM) took the biggest hit losing -4.3% and the distinction of the only index to be negative for 2011. Honestly, it’s nice to see some question come into the future direction of the market. January is over for me and I was able to sell some put spreads this week for the February cycle.

This coming week has lots of companies reporting earnings including 13 of the 30 Dow components. We also get some economic data from the FOMC and the Q4 advanced GDP, both should shed light on any adjustments to quantitative easing. Enjoy the links and your weekend!

This Post Has 2 Comments

  1. TraderMD

    Re: the NYT article on recall bias & insight. Working through an emotion, series of emotions or source of conflict is entirely different than just being aware of it. Similar in trading: Knowing & realizing what you did wrong vs correcting it are 2 entirely different things šŸ™‚

    1. Attitrade

      Agree totally. Countless therapy sessions spent helping others move beyond recognizing to correcting personality issues.

      What’s amazing is how personality issues can and do impact trading yet many deny that’s the case. Thanks for your input.

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