Tuesday, May 12, 2009

Tuesday, May 12

DISH - Market open price was 17.84. Short entry triggered at 17.84 - 0.31 = 17.53. First Trade: Short @ 17.53 to a low of 16.50 + 0.47 = 16.97 adjusted up to break 17.00 for a long trade #2 reversal to a high of 17.34 to close at end of day at 17.16

LFT - Market open price was 25.93. Long entry triggered at 25.93 + 0.42 = 26.35. First Trade: Buy @ 26.35 to a high of 26.40 - 0.63 = 25.77 adjusted down to break 25.75 for a short trade #2 reversal to a low of 23.25 + 0.63 = 23.88 adjusted up to 23.88 for a long trade #3 reversal to a high of 24.80 to close at end of day at 24.38

PFG - Market open price was 20.14. Short entry triggered at 20.14 - 0.35 = 19.79. First Trade: Short @ 19.79 to a low of 19.16 + 0.53 = 19.69 adjusted up to break 19.75 for a long trade #2 reversal to a high of 19.96 - 0.53 = 19.43 adjusted down to 19.37. No trade #3 taken that late in the trading session.

USB - Market open price was 18.00. Short entry triggered at 18.00 - 0.31 = 17.69. First Trade: Short @ 17.69 to a low of 17.14 + 0.47 = 17.61 adjusted up to 17.63 for a long trade #2 reversal to a high of 17.87 - 0.47 = 17.40 adjusted down to 17.37 for a short trade #3 reversal to a low of 17.33 + 0.47 = 17.80 adjusted up to 17.88