Monday, May 18, 2009

Quick review of today's trades and new signal at close

Added another 3 winning trades in my performance list today. I was really suffering 2 of them (URE, and FAS in $9.19) last week (you would know the story if following me), but kept holding until seeing profits. Also re-entered FAS on its breakout, which turned out to be a very good trade (+6% gain). Currently, I cleared out alll my long positions and followed what the Pivot Trend System provided me, a new signal, SELL, by loading SRS at close, $20.5.

Will see how the call plays out tomorrow.

ps. I will be not at desk tomorrow morning and will have a busy afternoon. So, please expect fewer market comments through both blog and twitter.

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