The market continues to push downward. I bought a small (3000shares) AMR position @ 5.20, and I sold it back at 5.30. I like to buy and sell small bounces. I'm not looking for huge profits. I just want lunch money for the time being.
I have been sitting most of the past couple days on the sideline. The market is extremely volatile, and I am not looking to get caught long or short with my pants down.
I am still waiting for an entry back into oil. I haven't really been paying attention to commodities as of late, but I need to do my research.
If I trade to on the back end of the day, I will post that trade as well.
R
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