<img src="http://puddles.humanfund.ca/20100601/spy.png"> <img src="http://puddles.humanfund.ca/20100601/pde.png"> <img src="http://puddles.humanfund.ca/20100601/nbl.png"> <img src="http://puddles.humanfund.ca/20100601/hgsi.png"> <img src="http://puddles.humanfund.ca/20100601/sii.png"> 9:46 SHORT PDE 23.28 STOP 23.52 TGT 22.8 - SPY Gaps down and heads up, PDE stays weak.. Take lower high - The trade kinda drifts in my direction then positive news at 10am sends the market higher - out -0.24 9:52 SHORT NBL 58.41 STOP 58.61 TGT 58.01 - Same story as PDE - Stupid 10am news - out -0.20 10:16 LONG HGSI 25.38 STOP 25.26 TGT 25.62 - With the 10am news SPY is on a full on tear - HGSI was strong from the open, look for an entry - Long over the next higher low - +0.24 in a hurry 10:41 SHORT SII 35.64 STOP 35.85 TGT 35.22 - As SPY ripped from 10am on SII did not participate - Take the next lower high - As more lower highs set up on the way to my target I move the stop down accordingly - out +0.42 11:14 SHORT SII 35.36 STOP 35.48 TGT 35.12 - The lower high at 11:14 was nice and tight. - A stop on this lower high puts my first trade deep in the money - Add to trade (1/2 size of original trade) - If this trade stops out I'll be +0.28 on the first trade and -0.12 on this trade.. - out +0.24 in a hurry With the size of the last trade i'm really 2.5-2 but I'm counting entries so I'm saying today was 3-2 http://puddles.humanfund.ca/wp/2010/06/01/2010-06-01-trades/