Wednesday, June 17, 2009





The market pop is getting some more force behind it at the moment.

Sold SRS and short now.












Cover ERX and long now















Bot TNA on the pullback


















Cover CNX and long it now.
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2 comments:

Sia said...

Scott, looking at your charts, the one thing that confuses me is your entries. For example your short entry in SRS at 21.38. That was either on a green bar or the very beginning of a red bar. I can't see why you would think the market could rally here.

8:37 a.m.
Scott said...

I never know for sure which way things will go but at that time momentum said "I'm done with that direction" and in fact it has continued up as I write this a few hours later. But it makes no difference if I was correct or not in my "guess".
The market will do as it pleases and its up to us as traders to take profits as they are offered up to us.

10:50 a.m.

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