Wednesday, April 7, 2010

Bought RXD @ $31.14 - Stop Loss $30.8

Short XLV - Health Care

XLV has broken the trendline and has a lower high. We will have to see if it moves to create a lower low to confirm the downtrend. 
To get the better risk:reward entry, I bought RXD today based on XLV price action today.

Tuesday, April 6, 2010

Bought TNA @ 58.28 - Stop Loss 54.0

Bought TNA @ 58.28 - Stop Loss 54.0

IWM - Setup

I bought TNA based on IWM price action yesterday:

Stop loss triggered.

Sold CMD, DZZ, ERY and CZI on Monday, Apr/5/2010.