Tuesday, September 22, 2009

We saw it coming!

Last night Nathan and I identified 7 different stocks that had keybars and we were ready to pounce given the chance. Overnight the US dollar got pounded and as a result the dow futures were up 50 points when the opening bell rang. We got gapped in most of them of course....I missed getting filled in VPHM by 1 stinking cent but Nathan got a part fill. I quickly sold that one for a small profit and then we did a tiger trade in EL. It looks like we will be in a small profit at the close and we are gonna hold this one overnight. A little pop in the morning and we will close out this position. Nothing done in the futures or forex today as Nathan was at work and I was all over the place trying to get into positions without much luck. Tomorrow is another day.

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