Umm, a journal

illiquid · Jul 16, 2002

Sold INTU @ 46.65

illiquid · Jul 16, 2002

Long ERTS @ 63.75

illiquid · Jul 16, 2002

Once again, SP tries to tug down ND, biotechs strong -- sounds like a broken record. . .

illiquid · Jul 16, 2002

Sold ERTS @ 64.15; MLCO and BEST showing some supply.

illiquid · Jul 16, 2002

Short VRTS @ 17.62

illiquid · Jul 16, 2002

Cover VRTS @ 17.80

illiquid · Jul 16, 2002

Short ERTS @ 64.20

illiquid · Jul 16, 2002

Cover ERTS @ 64.30

illiquid · Jul 16, 2002

Net totals:

INTU -.05
EBAY -.03
ERTS +.35
VRTS -.18

Net for day: +.09

What a week to start posting. Divergence trading doesn't seem to be the ideal way to capitalize on a whipsaw, program-driven market -- or am I just rationalizing?

Speaking of rationalizing . . .

Tech Analysis · Jul 16, 2002

Sounds like the kind of day I've been having all month

I've been doing much better trading off 30-minute bars than intraday scalps.