Friday, February 10, 2006

Trade of the Day - IIJI

I mentioned IIJI in my previous post in the context of a buy candidate. I had planned a buy order on a break of the pre-market high, but it went the other way. So I changed the plan and went short on a break of the pre-market consolidation range. It worked out very nicely.

2 comments:

downtowntrader said...

Nice trade Jamie. I was watching IIJI for an entry, and gave up on it. Shorting was a nice change of plan. I ended up trading GOOG from mid-morning to end of lunch, and AMD at the close.

DT

TJ said...

Thanks DT. We had similar playbooks - I traded AAPL off of the morning lows and CYMI in the afternoon.