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User Info	XHB Channel, and some thoughts; entered at 2007-12-02 01:44:45
Theneedles Posts: 3259 Registered: 2007-08-31	I hadn't planned on covering at all but there's quite a bit of pain being inflicted on my position. If I hold and this goes back to the top of the channel I'm going to be toasted. I got really, really greedy and kept on adding to my short positions as the HBs were going down to their trough. I've been telling myself not to cover and instead hold on. But if that's going to be my strategy I can't short as much as I have. I'm going to go larger I need to accept that I'll need to cover and set stops. Going to wait for the first hour or so of Monday's action to figure out what to do. I let a really nice profit get away from me in the last few days of last week. 2007-12-02 01:44:45