Another bleak day or what?
Watchlist additions and setup filtered trade candidates
No watchlist additions.
TTC-A: ENR, PHI
GAPHV: ENR, HOC, HXM, MBT, VSEA, SNDK
MACDV: COP
Trade session notes
Major int'l markets pre-open activity:
Nikkei...17480.61...+61.41...+0.3%.
Hang Seng...19692.64...+2.39...+0.0%
FTSE...6323.60...+5.60...+0.1%.
DAX...6853.23...-3.73...-0.1%.
How the market will be trading is still a bit unclear to me. I am opting to go and use my TuTo, trading setup.
11:35:43 AM ET Made a TuTo short trade on GoldmanSachs 210 Put (hard stop at -$100 or $3.8) Will try to have the target at +$200 or trailing stop to be set, if the position will move upward. Depending how the markets will be when I finish.
2:05:59 PM ET Made an OCO order (hard stop at $3.8 for 2 contracts - max. risk $100 - and limit - read +$100 target - at $4.8 sell 1 contract). Still I will have a risk on the second contract but only 2 hrs to close I will bear it now.
... and call it a day!
Open trades at market close 22 March 2007
| .ACLEG | ACL MAY 135 Call | $128.89 | $2.72 | ($296.00) |
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