January 30, 2008 Fed Day

Net: $76
LFT: $0
DD: -$10
Trades: 110
Shares: 11400

Morning was very slow, virtually no spike trades. Waited for the FED, then traded GE and a little of C. Decided to range trade GE as I saw it kept on bouncing on the range at a very attractive rate, and the amount of money you could make on it would be more than if it went against you.


The ES signaled a doji, unfortunately I didn’t believe it.


C REVERSED from the high and went under pre-fed.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s