Saturday, April 17, 2010

Apr 15 and 16, 2010

I'll have to apologize for the lack of the log update for the last two days. Technical issues made it damaged beyond salvation unless we devote a few hours to repair - which we are not too jazzed about. Anyway, here is a quick recup of what transpired:

On Apr 15, Thu, we had a nice winning day with most trades done on WFC - both long and short, early opening one for a nice juicy move and then 1:1 and 1:2 scalps, with just one 7 cents stop.

Apr 16, Fri didn't work for us - we run into two stops early one, one winning trade, and then whole GS debacle hit and made the market practically unreadable from technical standpoint. While room members found a few very nice trades in both GS and AIG, notably GS long for 3 dollars bounce, "official" calls count is negative.