There's potential for both with good targets. breakdown to gap close, or a long to HOD. I'm more inclined to take longs.
I'm the bearer of very bad news. My programmer added new defining criteria to the system over the weekend, and started it up last night to test the new code. We checked on its progress about half an hour ago and it was down $55,000. It had done about 50 trades, many of them 150 cars or more! Hmmm...sign of a possible bug in the new code. ADD: Married to the programmer, can't really fire him yet.
No, the shed would be repossessed Fortunately the small live account wouldn't have allowed orders for 168 lots to go through! But those million dollar sim accounts let you do all kinds of scary crap.
You should have seen it coming... He'd better not see that... (LOL) (By the way, as a public service announcement for those of you who may be buddies with RCG, his girl is in the hospital after flipping her car - well at least, that's her excuse for being high on morphine - just so you know)
Instead of starting to scale out I going to add shorts on any bounce we get this morning so long as we stay below 77.50. Scaled stops are placed above 77.50. First order to take profits is at 76. Now I gotta go vote against Christina O'donelle because she thinks if you masturbate you're going hell even though she used to be a whore.
right on. that is the highlight of a traders day. Economic Calender for today: Tuesday Sep 14 ICSC-Goldman Store Sales 7:45 AM ET Retail Sales 8:30 AM ET Redbook 8:55 AM ET Business Inventories 10:00 AM ET