Haven't written due to vacation and lots of work-related, well, work.
One snap trade off the big nothingburger hurricane Gustav in WNR. In at 8.75, out at 10.76 for 1000.
Lost NLY to a stop. In 13.76, out 15. A little over 9%.
On the long side, considering the strength of the $HGX, liking LEN in this group as close to 10 as possible.
Many pennants in retail. GPS, KSS, even the RTH. EBHI.
Watching the reverse H&S in BA.
On the short side, lots of toppy-looking action in the transports. NSC looks like a nasty double-top with negative divergences.
There's probably more, but I'm forgetting them, whatever they are.
Thursday, September 4, 2008
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