Despite talking of year end rally, I shorted ES at 1087.5 today. Covered yesterday shorts at 1086.
Saddam Gap Up
NQ is at 1451 up 29 point. ES is at 1088 up 15.5 point. Likely play may be fading the gap as the long road is still ahead after the news.
Saddam Gap Up
NQ is at 1451 up 29 point. ES is at 1088 up 15.5 point. Likely play may be fading the gap as the long road is still ahead after the news.
China Stocks
The internet stocks SINA, SOHU and NTES are all at or near the major support level. The possible play may be buying slight ITM Jan calls, but they are all richly priced due to their high volatility. Holding SOHU Jan 30 Call. Closed NTES 40 Jan Calls.
Other stocks such as ACH, PTR, SNP and CHA are making big moves at new highs.
New Order Entry Program
A new order entry program is being developed. It uses the popular DOM (Depth of Market) grids as the main GUI to visualize the whole order entry and management process, speed the process up and reduce occurence of entry errors. Most of operations will be done with a single mouse click. The first release will support bracket orders. More sophisticated position management techniques such as scale in/out, time stop, changing stop to trail stop once reaching certain target, market chasing, etc., will be added later.