08/28 some thoughts

1. oil down 2.6%, CRB down 1.95%, decreased ppl's concern about future inflation
2. no economy news today, usually this kind day is a up day!
3. SP is only 2.8% from year high, expect some resistence from here
4. stratege: short extrem

Before entering a pos, fill in the check list
A checklist might be as simple as:
a) Trade in direction of major trend? Yes/No
b) Trade in direction of general market trend? Yes/No
c) Risking 2% of capital? Yes/No
d) Risk/Reward ratio is 1:3? Yes/No