10:52 +4 @ 4457 -4 @ ~ 4464 +28
In keeping with a bullish view of recovery from set backs I went long on a first tentative on the lows of yesterday, once volume started picking up. Steady buys helped gain some profit and I eited as signs of exhaustion appeared.
14:24 +1 @ 4483 -1 @ 4483 0
Expected a bounce off new support trendline crossing 50% retracement level. This did not materialize and volume was scarce. Luckily existed a few minutes before the market dropped a sudden 10 ticks.
16:04 -1 @ 4476 -1 @ 4483 -7
Went short on the bearish figure. Market rallied and I scrambled out.
16:06 -1 @ 4493 +1 @ 4490 +3
As buying started to weaken, shorted close to the highs for a quick bounce, aiming only at getting back a bit of the loss. Price subsequently dropped back to the lows! Ouch.
17:09 +1 @ 4459 -1 @ 4465 +6
Repetition of the morning trade of the lows.
+30
Tuesday, June 26, 2007
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