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December 8th, 2005 by eyal | Filed under Day Trading. |
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The indices look like they’ve gone to the amusement park for a rollercoaster ride flipping up and down. The morning time looked bearish so I went short, I entered AKS and FDG and both promptly reversed with the whole market to the upside taking 2.1R with them. Ouch. In retrospect these probably weren’t the best setups out there (check out APOL and WON) but these weren’t on my radar this morning. I may need to tweak the scanner a bit, particularily on the volume requirement I have set.
Hope the rest of you are doing better today.
It is kind of funny, that in spite of the huge distance between NJ and NZ we were both promptly stopped on FDG. Must be the same market maker. HEHE.
frank
Yeah it is kind of funny, especially to that bloody spec ;)