Focus your mind, manage emotions, go with the flow.
Wednesday, February 03, 2010
sold ADS
sold ILMN
cover VRSN - slow grinders are not my forte'
bot ILMN
cover COF
short COF
cover ADS and taking it long
short VRSN
short ADS
cover TNA
cover FCX
sold TAM
cover TAM and long it now
short TNA
short TAM
reshort FCX
cover FCX
cover TNA, not much downward force
FCX making new lows
take profits in AMZN since it didn't move down with the rest of the markets
watch the ETFs like FAZ , SKF and TNA, FAS to move nicely if the markets break.
TNA here
AMZN shot up in what seemed to me like a desparate attempt to get some short covering happening. So I waited for it to stall and then shorted it near the top.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.