StableValue.com Blog: Discussion on August is over
I’m testing on using trackback.
August is over
Slowly moving August is over. After this comming Labor Day week, trading volume should be picking up as traders return from their summer vacations. NASDAQ has reached new high and INDU and SPX are approaching its recent high respectively. All markets have done some base building, we will find out wheither or not they will break out or go down. Short term wise, it looks the market will move up a little. Short: QQQ Oct 32 Put (it’s not working obviously after QQQ’s big run up). Long: HNP (I have been waiting for opportunity to own some HNP shares), SUNW, SOHU and MSFT (SSF).
ES After Hour Trading
I have been experimenting with after hour trading on CME (9PM-10PM CST). Most of time, it’s range bound in a few points. Liquidity may be an issue if you trade more than 5 contracts. P/L 5 points after commission, not bad at all.
ES After Hour Trading
I have been experimenting with after hour trading on CME (9PM-10PM CST). Most of time, it’s range bound in a few points. Liquidity may be an issue if you trade more than 5 contracts. P/L 5 points after commission, not bad at all.
ES
Covered short position @ 992 early this morning. P/L: 1. Wanted to be flat before the open. Short term support is around 990.