Wednesday, April 29, 2009

Short again at 4115.

Just a 10% fill, stop at 4130, for either a scalp or a daytrade.

We have been ranging between the 4120s and 4080s-4090s since yesterday afternoon, so I figured it was worth a shot.

The 4110s are also an ambush area from the last high we had on monday evening.


I am being cautious, taking light risk, as momentum is once again mixed, and am happy to reverse and go long anytime.

Update: covered short at 4103. I am all flat.

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