February 13, 2008

Net: $52
LFT: $73
DD: $0
Trades: 55
Shares: 8900

Searched for gap fill trades this morning and it paid me off with a $70 trade on DNA. Shorted 71.60 as it broke down of its opening range. It had a $0.30 range, I didn’t want to risk much so I just put in 100 shares.


Of course it filled the gap, I wasn’t overexposed. Took it at $70.90 when it pulled back.

DFA was another candidate, but I couldn’t find a stop loss point small enough, it kept on going up to the gap right after the opening bell. Went up sharply to the 1EMA21 and pulled back from there.


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