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	<title>stockD &#187; Obama</title>
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	<description>Stock Data: Earnings Reports, Stock Splits and IPO&#039;s</description>
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		<title>Trading&#8230;.Places</title>
		<link>http://newhighnet.com/2009/01/20/tradingplaces/</link>
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		<pubDate>Wed, 21 Jan 2009 04:43:46 +0000</pubDate>
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		<description><![CDATA[This post isn't about trading, it is about Trading places. Well a tidbit on trading though...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newhighnet.com/wp-content/uploads/2009/01/obamasandbushsinaug09r.jpg"><img src="http://newhighnet.com/wp-content/uploads/2009/01/obamasandbushsinaug09r.jpg" alt="obamasandbushsinaug09r" title="obamasandbushsinaug09r" width="600" height="250" class="alignnone size-full wp-image-468" /></a>This post isn&#8217;t about trading, it is about Trading places. Today we have, out with the OLD (George W. and company) and in with the NEW (Obama and company).</p>
<p>It was a glorious day in Washington DC. It looked sunny and clear from the view on my Mac. Everyone looked so happy to be there. I for one, was happy to just be watching it all on my computer and not having to hassle with rooms, airports, security, cold, bathrooms, and all the other hassles associated with traveling afar in a town stuffed with people.</p>
<p><strong>Now a Trading Tidbit</strong><br />
Now on to real trading. This morning, after looking at the initial volatility in QLD / QID, I vowed not to trade today and just sit it out. However, after watching QID for much of the day and kicking myself for not jumping on it early, I decided to look for an entry in QLD towards the end of the day, thinking down 10%, maybe up a percent or two at the end of day.</p>
<p>Well I had it right for about 5 minutes and then my trade went south. I finally pulled it out in after-hours for a small gain of a half percent. At one point early in the trade I was up 1.5%+.</p>
<p>So far tonight the Hang Seng Index looks to have gapped lower about 3% and then traded higher by a bit. They are not done trading for tomorrow yet though. I would guess that we will trade similarly tomorrow. </p>
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