7/31/2009 morning update

• i made one additional NQ swing trade yesterday...after the morning run up and then selloff into the midday hour, i went long, with a tight stop under the noontime base and a target around the high of the morning...the position was stopped out for a loss of 4.5 points...
• this loss reduces the net discretionary NQ swing trading gain for the past week from 59.5 points/contract to 55 points/contract...