No registration required! (Why?)

S&P500 E-mini Daily Trade - Feb. 21st


DISCLAIMER: I am not recommending this trade. This is for informational purposes only.


Daily Trade for February 21
February 20th, 2007


Prior Trade Results:

Gain of $145 per contract

Ending Balance:

$63,100

Trade for Today:

Long 2 E-mini SP contracts - NO CHANGE, STILL HOLDING POSITION FROM FEB. 1st

Comments:

The LONG trade continues. However, I’m not seeing confirmation on one of my favorite indicators, so I am cautious - I took 50% off the table for my personal account. Yet again, the “buy on weakness” strategy using the MarketModel bias worked beautifully on the past few days. I expect the first failure to recover early losses will start a reverse in the trend.