January 29, 2008

Net: -$86
LFT: -$129
Trades: 62
Shares: 6400

Unbelievable. The only profitable trades were the morning CFC gap fill trade and a fading that I didn’t take. CVX did me -$86 one shot.

cfc-012908.png

Started shorting CFC at around 6.35, all the way to 6.26, took profits starting 6.13.

cvx-012908.png

CVX went way past 5EMA21 and I was way out of my treshold. Started shorting 82.40 some. Need more patience and wait for the REAL SPIKES in this kind of Pre-Fed market.

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