07.06.09
…a day’s trading…7-6-09 Monday.
10:57am
…DOW -60…back from Summer 09 break…SPY at 88.84…unfortunately below 89.00 is a BID DEAL….must recover soon above that area or sink we will…
11:21am
…DOW -34…
…TRADE ALERT:…Buy SPY at 89.01 @ 11:17am…
…not a lot planned for the upside trade, but even a break back to last CLOSE at 89.81 would be $$$… TIME will tell when to get out…
11:30am
…DOW -42…I do not think we will stay in this area for long…move we shall…
12:22pm
…DOW -21…not much of a move, but it cut the losses in half… this summer has been slow most every day…still long the SPY (89.17)..
1:02pm
….DOW -22…at least holding on at S&P 890 fairly well….better than diving …hope to register a new days high just after 2:00pm…
1:12pm
…DOW -11…doubled up my position at 12:53pm…ave entry price on SPY trade at…89.06..SPY at 89.24 and the S&P at 892 just is not a sticky area that stays around for long, relatively…that is one of the main reason for the trade….could move up or down, but this area doesn’t stay flat for long…
1:18pm
…DOW +11….bingo…SPY at 89.53….target would be 90.20 on a big quick move…but may have to settle for a new high of 86.67 in the next hour…
1:55pm
…DOW +5…2:00pm almost upon us, and I will be looking for a key… PRICE/TIME… exit… SPY at 89.39….looking for the 89.60′s….the market is not in a price area that sticks around very long…there will be a move soon….hope its up…prepared if it isn’t…
2:06pm
…DOW +11….move coming very soon…
2:32pm
…DOW +1…or not…only :90minutes left for this day trader…
2:35pm
…DOW +13…big indicator of movement just hit…
2:57pm
…DOW +8…TRADE OUT: SOLD SPY at 89.42….40 was my first target, and I have waited long enough for the second target…out.
