06-Jan-09
Trading results 1/6/09
After waking up this morning I went straight to my home trading computer and checked to see if a gap up of SQNM was in play. Nothing appeared to be out of order so I went ahead to get dressed. I drove down to the office in good mental shape as my last check showed SQNM to be slightly higher but nothing to worry about.
SQNM did gap higher as expected but did not get high enough where I wanted to short more as I was already very short. I started covering as it fell and ended up covering most of the shares but still short a few as I write this. most where covered at a loss but some where covered at a gain. It never broke down as far as I wanted so I am holding as its still in an overbought state. - 610
I didn’t really get any full signals today but I was able to scalp a few different stocks and I am also holding LEAP and ATI overnight as it appears they both are going to be lower tomorrow.
Long list of scalps today
USG + 215
TWTC + 75
LKQX + 86
LEAP + 25
GDP + 215
ATI + 40
+ 48 Day
- 1257 Week
- 932 Month
23600 shares
58000 Shares Mth
Posted at 13:28 in Market Report | Permalink | Top
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