Sunday, September 13, 2009

Friday Log - Out For Tea

Pulled off a couple decent trades on Friday with the best one being the participation of the plunge out of the 40's and 38's. Shortened day. Result: +6.5

Had to leave early Friday (thus the late post) in order to get to Washington, DC ahead of possible traffic and to participate in the "tea party" protest on Saturday 9/12 against big government. Glad I went and was there to be counted.

The experience was incredible and hopefully the protests against a government that is out of control will continue to gain momentum, support and participation among all citizens who are beginning to take notice of sensing that "something just ain't right".

As trader's, we need to pay attention to the current discussion by congress to further tax investors/traders. If passed, H.R. 1068 could have a devastating effect on those of us making a living from day trading. The government will be looking for "creative" ways to increase taxes and we need to get informed be be active in voicing our opinion. Review the link provided as well as the petition link regarding the proposed "Trader's Tax".

Trade Well !

No comments: