Thursday, July 30, 2009

Time to load short positions

Bot SRS at close $15.36. Sold FAS for some gains (didn't see at high range of today).

Wednesday, July 29, 2009

market moves in range

It seems that market could go nowhere, up there and down here. So my current trading strategy would be sell high and buy low in the range that I would feel comfortable with.

I closed half SRS positions at $16.7 today, and am holding both long and short positions on individual stocks. My system suggests an up day for tomorrow. Finance could be leading.

Let's see how it plays.

Monday, July 27, 2009

loaded more SRS AH

SRS has been down 4 days in a row. I am expecting its bouncing from here. $1 gain will be good to me. I will stop them if I see market regains its strength tomorrow.


Control your position sizes to reduce risk! GL!