Positions traded
o/n long on PMI @ 2.14 1700 shares.
closed at 2.33
I saw PMI at 2.12 about when I rolled out of bed around noon. Having missed the morning of trading and the morning GOTS chatroom I was not planning on trading. However, the setup was great. After a huge gap up, the market covered and shorts joined the quick morning sell off. It was just stabilizing in low 2 teens and I saw that the 10/60 was set up for a rest of day uptrend. I pulled the trigger very instinctively and felt good about having done so. I got my fill at 2.14. After little action all day, I knew EOD would decide my fate. It looked like shorts had yet to cover so I wanted a squeeze. Imo, this is exactly what we saw EOD--though, DJI & XLF had great EOD breakouts as well. P/L YTD is around 192$ and P/L day is @ $305. I have highest yet unrealized gains for my account, but of course, they are not mine untill I make a closing trade.
I look forward to tommorrow.
