A trading journal site following the in's and out's of the trading day through my eyes. Market sense and commentary. In no way should this be interpreted as a site for recommendations or stock picks. If you treat it as such, do so at your own risk and may God have mercy on your soul.
Thursday, May 04, 2006
Closed and reversed
I closed out the Q calls and reversed to the short side. The calls I closed for a $0.05 profit and the puts (QQQQP - May 42) were bought for $0.50. RSI 5 spiked this morning showing a short signal.
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