Down Thursday

Posted on March 22, 2007
Tags: Day Trading |

Took 5 trades: PALM, MIR, ISIS, ARXT and NUAN. Nothing worked as I was positioned against the trend. After the 1R slippage on MIR I ended the day at -3.9R. Largest single day loss for this year.

Comments

2 Responses to “Down Thursday”

  1. Zoomie on March 22nd, 2007 11:39 pm

    Eyal, sorry to hear that. I was looking at ARXT as well. I didn’t take it as there was gap resistance overhead at 36.31 4 days back. In the middle of the day no less. And the open on Mar 16 had daily gap resistance and pivot resistance at 37.00.

  2. Babak on March 22nd, 2007 11:53 pm

    Dang. That’s a bummer Eyal.
    Start the tomorrow fresh and best of luck!

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