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Friday, March 12, 2010

#6-13


6-then occassionally everything lines up, trend down, got yellow/red to short. For me a perfect setup and the market does not care and screws you. I Shorted again in the direction of the bias held on looking for it to turn and bammmm it kept going, i averaged in at 50 looking for a bounce down, to get me out at 44. The trend was now up so i felt if the price got anywhere near 50 i would exit and buy. Exited -10 but i had added so call it -20. OUCH
7-bought +6
8-bought again +6
9-bought again +8
10-shorted off the yellow +8
11-bought again +9
12-shorted again -4
13-then bought off the 5min support at 74 nice +16

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