Wednesday, May 6, 2009

Fully covered short @4362

I am all flat right now, but reduced loss from this morning's trade so at least something was achieved.

The pre-open levels were actually a long ambush zone from the lows that were quoted on Monday (at least on my broker) to yesterday's highs: I failed to see that, completely my fault.

Momentum on the upside is really amazing: not one, single, long lasting, retrace down yet during market hours. Let's see what happens in the afternoon.

Update: here is the ambush long mentioned above, which I missed completely, we hovered in the 4300s-4310 pre-open. Oh well, something learned...

2 comments:

Niktus said...
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Niktus said...
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