What Worked and Sucked Today 4102008

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April 9, 2008

Worked:

Being short the RUT until the close. Banked 4% on that trade which was very nice. I swapped it to the long side today at the close though, heavily.

The NDX morning cashout was good for 1.5%ish gain.

DRYS – Took 2% gain while it was there early, before it dropped

Sucked:

All the different trades, JOYG, CPST, DAR, GILD, CAT, YGE

We’ll see what happens tomorrow, I hope we get a positive close. I’ll look to stay in mostly cash in the trading accounts and wait for an opportunity to strike. I may just play the indexes tomorrow because I’m expecting volatility with possibly a lower open that finishes strong.




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