Thursday, April 30, 2009

Covered long @4276

I covered my tiny long scalp at 4276 for 27 points.

I wasn't at the desk, but the high 4230s-low 4240s were the real spot sweet to go long. That area was an ambush long area from the pre-open level and resistance of 4215 to the high we got this morning in the 4260s.


I am now flat again. Given that I have lost the chance for a multi-day trade - on the long side at least - and in light of the long weekend in Europe this is probably my last trade for the week.

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