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Monday, June 14, 2010

Monday 6/14/10 wrap up

Went long today on a bottoming of the 30 minute V Stoch accompanied by a bullish divergence in the 5 minute V Stoch.  Decision and trade were made in a hurry while dealing with non trading business issues, sometimes I wonder whether I'm doing justice to either one (trading and apple business).  Anyway, the Sell line bottomed as well about the same time as the action on the V Stochs, so we have entirely contradictory signals.  In retrospect the best course of action would have been no action.  At this point will probably sell longs during night session and may go short.