Tuesday, August 28, 2007

JPM short position

I closed my short position at 44.02 this morning. Such a sucker for tight stops and got stopped out. My entry seems to have timed perfectly with the downgrade from Merill Lynch. I will take that anyday.

I will be keeping a close eye on the market, but doubt i will enter any positions today or this week. Volume across the board may be lower due to the long weekend.

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