Tuesday, April 7, 2009

Update: Pivot trade SSO

SSO pivot trade.  I sold at 21.07 at about the half-way mark between S2 and S1.  Due to the late hour, I closed the position for 21 cent gain.

After I got out, SSO took the gas in advance of AA's earnings. The market remains short term oversold.  I did add SY near the day's low.

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