Friday, May 15, 2009

Friday, May 15

HIG - Market open price was 17.00. Short entry triggered at 17.00 - 0.25 = 16.75. First Trade: Short @ 16.75 to a low of 16.19 + 0.38 = 16.57 adjusted up to 16.63 for a long trade #2 reversal to a high of 16.70 - 0.38 = 16.32 adjusted down to break 16.25 for a short trade #3 reversal to a low of 16.08 + 0.38 = 16.46 adjusted up to break 16.50

LNC - Market open price was 18.19. Short entry triggered at 18.19 - 0.27 = 17.92. First Trade: Short @ 17.92 to a low of 17.52 to breakeven at 17.92. Long trade #2 at 17.52 + 0.41 = 17.93 adjusted up to break 18.00 to a high of 18.16 - 0.41 = 17.75 adjusted down to break 17.75 for a short trade #3 reversal to a low of 17.47 + 0.41 = 17.88 adjusted up to 17.88

IPI - Market open price was 28.86. Long entry triggered at 28.86 + 0.47 = 29.33. First Trade: Buy @ 29.33 to a high of 30.47 - 0.71 = 29.76 adjusted down to break 29.75 for a short trade #2 reversal to a low of 29.25 + 0.71 = 29.96 adjusted up to break 30.00 for a long trade #3 reversal to a high of 30.18 - 0.71 = 29.47 adjusted down to 29.37

ENS - Market open price was 16.08. Short entry triggered at 16.08 - 0.25 = 15.83. First Trade: Short @ 15.83 to a low of 15.53 + 0.38 = 15.91 adjusted up to break 16.00 for a long trade #2 reversal to a high of 16.33 to breakeven at 16.00. Short trade #3 at 16.33 - 0.38 = 15.95 adjusted down to 15.87 to a low of 15.64 to close at end of day at 15.96