Friday, August 14, 2009

8/14/2009 morning update 2


  • if the NQU09 buy limit 1595.00, does not get hit and the NQU09 shows some strength by breaking above the top of the mid morning base, then i will be entering the second lot at buy stop 1604.25 limit 1604.50...

Update:

  • at 11:31, the order to buy limit 1595.00 was filled...
  • currently long 2 NQU09 lots at avg 1606.25...
  • selling the first lot at limit 1627.50...
  • selling the second lot at 1622.50...
  • the buy stop 1604.25 limit 1604.50 order has been cancelled...
  • while the ES and the NQ both made new lows for the day around 11:30, the financials (XLF, FAS) didn't...
Disclosure: Long NQU09.

***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***

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