Tuesday, May 04, 2010

Trade accordingly...

Nice down day, shorts are the order of the day...until it bounces. Show no mercy in either direction.

4 comments:

CN said...

Nice background... red like the markets!

joshua said...

why the red background, because it was a shorter's paradise today? i couldn't believe the last hour on the q's. bring 'em down, break lows, and then rip it the last 10 mins. unreal.

i didn't really trade that much today. i started late, around 8am p.s.t, and most of the move had already occurred. i was looking to short FMC but it went the other way. i tried shorting X as the q's were hitting lows around 1230, but unlike the past 2 trading sessions, it didn't work today. the other one i saw was NAV, did you get a piece of that one? any stocks that stood out to you today?

kom said...

Hey Scott,

Hope you are doing good.Pls change your blog's background...it looks very bright and hard to read.

Thank you.

Komal.

Scott said...

Ya a shorters paradise. Everything was red.
I traded WYNN, CLF, UAUA, CAL, CAM, VECO, VXX