Friday, October 3, 2008

Four short positions taken & removed this afternoon

The DIA has rallied 1.00 pt, then corrected 1.00 pt off of its high on four separate occasions this afternoon for some VERY NICE, low risk profits.

Sold DIA 105.92, covered 105.41 (1.00 off high of 106.41)

Sold DIA 106.20, covered 105.30 (1.00 off high at 106.30)

Sold DIA 105.14, covered 104.16 (1.00 off high of 105.16)

Sold DIA 105.16, covered 104.59 (1.00 off high of 105.59)

If you did something different or thought something different - no problem - there will be plenty of other opportunities.

I'll go into what the indicators are saying now: 3:39PM Friday

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