Umm, a journal

Sold INTU @ 46.65

 

Long ERTS @ 63.75

 

Once again, SP tries to tug down ND, biotechs strong -- sounds like a broken record. . .

 

Sold ERTS @ 64.15; MLCO and BEST showing some supply.

 

Short VRTS @ 17.62

 

Cover VRTS @ 17.80

 

Short ERTS @ 64.20

 

Cover ERTS @ 64.30

 

Net totals:

INTU -.05
EBAY -.03
ERTS +.35
VRTS -.18

Net for day: +.09


What a week to start posting. Divergence trading doesn't seem to be the ideal way to capitalize on a whipsaw, program-driven market -- or am I just rationalizing?

Speaking of rationalizing . . .

 

Sounds like the kind of day I've been having all month

I've been doing much better trading off 30-minute bars than intraday scalps.