Monday, September 29, 2008

Monday Day Trading: NO Bailout ZB Trade Before Decision

Click on chart for comments on the trade.

Total $3031.25 on 3 contracts series.
1/3 off at 118^03 = $250
2/3 off at 118^30 = $1093.75
3/3 off at 119^17 = $1687.50

This was an awesome day in the bonds today before the decision from congress on no BAILOUT package. With that being said, I am not sure where we go from here.

Dow down it's biggest single day loss ever ... these are definitely scary times. Staying DISCIPLINED and under SELF-CONTROL was the key to success as a trader today. In any case, where do we go ... I have no idea ... the only thing I know is this about trading ...

"Trade What You See and NOT What You Think."

Good Trades and God Bless America,

David AKA Tiger

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