Thursday, August 07, 2008

Thursday, August 7

CAVM - Market open price was 18.29. Short entry triggered at 18.29 - 0.31 = 17.98. First Trade: Short @ 17.98 to a low of 17.81to close at end of day at 18.05

NDAQ - Market open price was 30.79. Short entry triggered at 30.79 - 0.51 = 30.28. First Trade: Short @ 30.28 to a low of 30.01 + 0.77 = 30.78 adjusted up to 30.88 for a long trade #2 reversal to a high of 32.40 - 0.77 = 31.63 adjusted down to 31.62 for a short trade #3 reversal to a low of 31.36 to close at end of day at 31.42

FTO - Market open price was 20.38. Short entry triggered at 20.38 - 0.35 = 20.03. First Trade: Short @ 20.03 to a low of 20.00 + 0.53 = 20.53 adjusted up to 20.63 for a long trade #2 reversal to a high of 21.48 - 0.53 = 20.95 adjusted down to 20.87 for a short trade #3 reversal to a low of 19.56 + 0.53 = 20.09 adjusted up to 20.13

MNTA - Market open price was 19.83. Short entry triggered at 19.83 - 0.33 = 19.50. First Trade: Short @ 19.50 to a low of 16.86 + 0.50 = 17.36 adjusted up to 17.38 for a long trade #2 reversal to a high of 17.71 - 0.50 = 17.21 adjusted down to 17.12. No trade #3 taken that late in the trading session.

BRS - Market open price was 37.90. Long entry triggered at 37.90 + 0.65 = 38.55. First Trade: Buy @ 38.55 to a high of 38.60 - 0.98 = 37.62 adjusted down to 37.62 for a short trade #2 reversal to a low of 37.49 + 0.98 = 38.47 adjusted up to break 38.50 for a long trade #3 reversal to a high of 38.55 - 0.98 = 37.57 adjusted down to break 37.50