Friday, August 21, 2009

8/21/2009 noon update


  • major indices holding the morning breakout...
  • financials and ES leading, semi's and NQ lagging...
  • even though the NQ's are lagging, they are my discretionary swing trading vehicle of choice...
  • went long NQU09 at 1635.50...
  • selling this lot today at limit 1647.50...if that price is not hit, then i will hold it over the weekend and reassess its target exit...
  • adding another lot at limit 1617.50...
  • at 1210pm i changed the next entry order from 1617.50 to 1623.50...
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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