Friday, October 31, 2008

Momentum fading

Momentum seems to be fading this morning. I've closed the SSO and DDM trades. It occurred to me that no one wants to be long over a weekend, so I'm flat until Monday.

Thursday, October 30, 2008

First post

I was stopped out yesterday of a nice SSO trade by the insane drop in the last 5 or 6 minutes of the trading day. I managed to get back in both SSO and DDM near the lows of yesterday. I expect to hold these until 5 November.

Entry points:
SSO - 29.94
DDM - 35.50