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Henrique Simoes
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  • Quick Trades, Breakeven 0 comments
    May 14, 2009 6:22 PM | about stocks: USO, OIL, FITB, SPY

    I lost a few ticks in my FITB intraday play and also did a quick profitable scalp in the S&P Futures near the close of trading. I broke even in these out of standard, out of norm trades. Sometimes I do little scalps on the long side in the S&P Futures in the last minutes of the trading session and I have already made a few thousands dollars with this type of trades. 

    I am still short Crude Oil Futures and that is my only structural position. It went a bit against me but is still very near my entry point. I am considering about a new short S&P position, maybe tomorrow or early next week.

    Have you seen the Initial Claims Data? Pretty bearish, not? I did not hear the words "Green Shots" today on CNBC. Markets will go down, they cannot fight conditions, can they?

    Oil Traders Blog is a website for active online futures traders. I will provide my real time trading decisions and my market thoughts on this webpage.

    Stocks: USO, OIL, FITB, SPY
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