Apr 222010
 

Pretty straightforward this morning. We scalped ticks a couple times pre-market around the 92 handle and as expected it got really volatile off the open. As soon as we saw the pressure building we parked orders and sold into it hard. NJ shorted 91.75 into 90.25 and I waited and sold 90.75 into 89.50 when it started to stall there on the second big push down. It eventually pushed way down but I took the money and ran fearing a hard bounce off 89 which I feel may be some kind of support and may be our basing point later in the day. We are done for the day as we have other business we need to get to. Have fun guys. Should be some good stuff today.

 Posted by at 9:48 am