Wednesday, August 18, 2010

AM recap:

 As discussed in yesterdays am meeting, BP short worked well through yesterdays lows. Other stocks of note that worked well and were mentioned on our blog were NFLX first day down.
 
PM trading was slow which has bee typical. Squeeze lunch rally made some longs work OK. Notably was CREE trending up towards a daily gap.
 
Today's Quote: "Never short a dull market" Thanks for checking, have a great day trading..Tim.

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