Friday, February 20, 2009

short LUV

LUV

shorted at 6.48 and 6.50
covered 6.46

reason for entering:
market breaking down...other airlines breaking lows and creating new lows


reason for exiting:
damn thing just didn't move quickly comparing to the market and other airlines.

update:
damn...it crashed right after i got out..
shoulda have more patience with this one.
gotta believe in myself more!!!

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