Tuesday, May 17, 2005

5/17/05 am

The opening trade would have been good for 1.5 points. But I didn't trade it. I did fade the 9:00 turn for 1/2 point but I should have held on longer because it was worth at least 3 points. I went long at 9:38. I took the trade off at breakeven and it would have been good for 3 points as well. I am now short at 116500. Stop at 1167 and limit at 1162. Unlike the others I will let this one ride.

Trader X

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