A 70k bet that I can't make a 50% gain in 2009

You have a nice run going ..... fun to watch wish you the best of luck going forward

 

Thank you AC3,
After the week before last(-650), it felt good to get back on the plus side!

 

4/13/09:

The indexes have rallied for 5 weeks in a row right to a resistance area, so I will be looking for a retracement from here.
Daily charts are not as clear, so I will look for intraday scalps on the indexes and ETF's.
Good trading all!

 

4/13/09:


9:52 300 SKF BUY 66.45
STOP 65.75
TGT 67.85

 

4/13/09:


9:59 500 SRS BUY 33.80
STOP 33.40
TGT 34.60

 

9:59 300 SKF EXIT 65.70
P/L -239.07

 

10:03 500 SRS EXIT 33.42
P/L -206.33

 

4/13/09:

11:00 300 SKF BUY 62.90
STOP 62.20
TGT 64.30

 

11:09 300 SKF EXIT 64.25
P/L +391.14

 

Mr G,

How the hell did you pull this one off? SKF was in a free fall (5min chart), no support in sight, stoch looked oversold, but you don't use indicators, right?

Good call!