Monday, June 15, 2009

Monday morning's directional bias

Bias to the Short Side for daytrading stalks on the QQQQ

wow, that was quick: first scalp opened at 945 am and closed at 949 am for $0.13/share on the QQQQ...looking to short some more on a bounce back up...

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security***

1 comment:

  1. the qqqq's haven't had a bounce of any significance, so i didn't rebuild the short position...now that it is past 2 pm, i am hesitiant to build one if there is a good bounce, as there just isn't enought time for me to work it if it goes against me for a period of time...no mas daytrading for me today...have to wait until 4pm to see if there are any swing trading entries...

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