Thursday, December 23, 2010

Short CRM

CRM was weak yesterday and based near the lows of the day yesterday. EMA's were just the way I would have liked it. Entered short just below the yesterday's low with the base high as stop. Covered half at 50% FE (measured from yesterday high-low). Price found support at 50% FE and retraced back. Covered the remaining position a little below the entry price.

MOS formed a nice inside bar (2nd bar). I was a little late and decided not to take it. Should have taken it.

Swing Trades: I am long CNQ (Entry price $43.02). Picked up some AEM today.

Enjoy your holidays!!!

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