Tuesday, June 17, 2008

GS 6/16 (Trades)

1105 EST Shorted GS @ 182.43
1115 EST Covered GS @ 181.90

1220 EST Shorted GS @ 180.91
1225 EST Covered GS @ 180.74

Entry signals from BB, SS, RSI, Fib and 5-day S/R. Was more comfortable going short though weekly and daily chart suggested a short-term rally. GS closed higher than I expected. Depending on earning result tonight, it might just retrace beyond my fib 50 level towards fib 38.2.

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