Today’s market action was brought to you by the letters W, T, and F.

Apparently I’m either an extraordinarily amazingly profound trader, or a liar.

Or just plain lucky.

The market plunged in the morning – as I hoped / expected it would (and was positioned to take advantage of it) – and then shot up to close the end of the day only slightly down. Fortunately, my stops preserved about 2/3rds of my profits, so I wasn’t clobbered by the sudden rise.

So it was a good day for my account. But holy cow, how are you supposed to trade that?