February 1, 2008

Net: $84
LFT: $54
DD: 0
Trades: 76
Shares: 8400

Spotted DF early but thought it risky to short right away so I waited. Then DF presented a reversal candle, and so I shorted.  Held it all the way to 5EMA21.

df-020108.png

ABT climbed all the way up without any significant pullback. Pfizer style. It was as if there was a huge buyer since morning and never stopped buying until 3:55 where it finally reversed down to 57.45. I was short from 57.13 to 57.63.

Thanks to ABT for my LFT. almost ended the day 0. Was ready to lose $240 at that point.

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