Day Trading – The Bullz And Bearz
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Dominos Pizza – Large Short With Extra Profit
February 24th, 2009
Talk about a turn around in the markets today. Yesterday down nearly 3.5% and today up nearly 4%. I don’t want to say I saw this coming, but I have said that the market was over-sold. As for my portfolio, today was down right amazing! First, DPZ (Dominos) opened down and hard this morning on earnings news. After moving down nearly 26% today alone, members and I took profits below $4.80 on this short at nearly the exact low of the day. Of course I will go over this tonight in the Trading Video, but I had to mention it here. As for our other shorts, one was down nearly 15% today when the markets were rallying. Talk about a great day of trading. Our general trading strategy over the last few months has been working out great and will continue to but more money in member’s pockets – if you are a member of course. See you tonight for the Trading Video.
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Today's Live Market Quotes & Charts
| NASDAQ | 2779.93 | ||||
| S&P 500 | 1295.36 | ||||
| ^TNX | 1.70 | ||||
| ^XAU | 147.76 | ||||
| ^XOI | 1099.71 | ||||
| EEV | 33.85 | ||||
| XLB | 32.67 | ||||
| GDX | 41.51 | ||||
| FAZ | 28.91 | ||||
| BGU | 66.24 | ||||
| DUG | 28.71 | ||||
| BGZ | 25.46 | ||||
| GLD | 154.38 | ||||
| FAS | 74.29 | ||||
| OIH | 35.34 |
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