Wednesday, October 18, 2006

Today's trades

Closed my ISE trade today:
Closed my TIE trade today:

On the NDAQ trade, I took on a bigger position size, but still stayed within my $50 stop rule. The whole sector (ISE, ICE, NYX, BOT, CME) is pretty hot right now given the BOT/CME merger, but the indicators for NDAQ say down. Isn't that great ?
On the ILMN trade, I was fearful of the big gap up, so took a smaller than normal position (plus I wanted to stick to my rules).
The hourly chart seems to be working out better for me, might stick with that (until it doesn't work).

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