Tuesday, January 03, 2006

1/3/06 Happy New Years!!!!

Wow, what a day. Right off the bat I thought the market was going to go down for a gap fill but I didn't short because of the Pirate first day of the month trade (buy at open and sell on close). I decided to wait to buy until the gap had been filled. Sure enough it filled and then I went long 6 contracts at an average of 5375. Sold 2 @ 56. 2 more @ 5725. Last 2 at 5675. Nice trade. I should have left a runner thought because after I came back from lunch the market was trading at 6775. Bot 1 @ 6775. Held almost to close. Sold at 7425. Awesome day.

Trader X

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