Trade Date 27-Mar-2007
30-Mar-2007 -14,000 ETERNAL ENERGY CORP WT*5827 0.64 -$9.99 $8,949.87
Trade Date 23-Mar-2007
Trade Date 19-Mar-2007 22-Mar-2007 10,000 ETERNAL ENERGY CORP 0.51 $0.00 $0.00
22-Mar-2007 4,000 ETERNAL ENERGY CORP GH*6319 0.51 -$9.99 -$7,149.99
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The so-called trend is 慣性 in physics. If there is no news release and extreme event impact, a turn of the trend needs days to accomplish. You should have time to get in and out. Why it is so hard to do? Because human being are emotional. But machine can do it. I saw a documentary TV show. A Wall Str. Guy called Niedhoffer ran a trading house with 5 other IT guys. Their computers monitor stocks and give voice instructions like “buy MSFT 5000 shares now” or “Sell Japanese yen now”. Then traders need to check the chart and push the order button. In this way you will never have large down. Whenever it turns down (MA (3)/MA (6) cross over), get out.