This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
Two trades today in a crazy market. There is still another hour left until the close, but I was done a while ago. My initial intra-day bias was short until some big volume printed on a drop in SPY. Too fast too soon as they say. We smartly reversed from there, and the Q’s made multi-year highs later on.
Trade1: ALTR
Trade 2: ADI
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
April 24th, 2007 at 1:22 pm
[...] round number of 40 that was looming overhead and provided serious resistance earlier in the day. Zoomie wasn’t scared and took the trade for a nice gain. Here’s the [...]
April 25th, 2007 at 6:04 am
Of course I factored that in on my calculations. Then tossed a coin ;)