Wednesday, June 10, 2009

"Predictable" Volatility

lol. this market has been amazing for day trading that's for sure. check out this nasdaq chart. setup a perfect short near the top of the range on this morning's gap up and set up a perfect long near the bottom of the range. it was a rather 'readable' day if i dare say that. always fun when it plays according to the plan. Went long HERO(@5.28) and CBAK(@5.55) as the market worked it way off it's lows near the end of the day.

and just like that, bulls are back in command.

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