understanding the psychology of behavior

I took some profits on my NYX position. Will buy back on a pull back. My decision was purely technical, as NYX is currently too overbought.

I will buy back on a pullback or a consolidation via the chart. I am still a big fan of the fundamentals here.

(I kepted the protective put position. I found it weird that the stock was up at the open, yet the Nov 85 Puts were up too. That observation contributed in me taking profits.)

This entry was posted on Thursday, October 25th, 2007 at 9:52 am and is filed under stocks, trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.