Nov 15, 2008

Friday's trades

Not a huge list of gappers to choose from but I shorted QCOM off a break of the 10:45 bar low and, after reaching 1R, I moved my stop to breakeven which was hit a few bars later. Also shorted HPQ off a break of the 11:15 bar low and, like QCOM - it hit 1R, moved my stop and was stopped out later. I really wanted to enter HPQ off a break of the 10am bar low but couldn't pull the trigger.

The market rallied later in the day but I couldn't find any setups that I like.

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