Monday, March 10, 2008

Long 1 S at 1389.50

+4 or $200 (before commissions)

I missed the 20pts move and looks like I exited too early on this one too. It's like I'm seeing things, but can't get things to work properly. I'm not losing money, but I'm not making much money.

Today's action in soybeans seems to be a short squeeze. Well deserves for a retracement. One thing to note is there's a big trendline, I think, right below 50EMA. While Ii'm thinking about shorting at 8EMA, I have to be careful there.

No comments: