Trading results 2/25/10

February 25, 2010 3:18 pm Robert Weinstein Trading results

Slow day of mostly trading DLTR

Thinking that DLTR may move higher in the open due to the Cramer effect I closed out of about half of it in premarket near or better than the close yesterday. I don’t know actually what caused the spike but I guess I was correct about the spike. I did short some more into the the move higher but very little and just used the moves up and down to lower my short size. I could have exited near break even but I am holding a small position with the thought of a retracement is in order. I did take realize a loss with DLTR but ended up today in better shape that I was in at the close of yesterday. Unless tomorrow is a big down day I expect to cut my size in half and let the rest sit looking for a down day. Of course if market conditions change that plan might also. It is pretty rare that I take a loss with my B8 signal and this one is not bad. Plus a down move tomorrow and this may turn green. – 269

One other trade today with DPS gap up trade small size and even with its fake out causing me to cover it was still a good trade. + 84

- 185

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