I haven't had too much action this week because I have been busy with other things, but Tuesday I did get to trade and did well overall.
My overnight position with PMI got stopped out... not terrible but the gap downs on Tuesday which was the start for this week did not help. The market is tanking, and everything is going down... except for MDRX which I caught on Tuesday for a profit of $0.55. I entered the trade @ 10:39am at a price of $9.40 and rode it up to $10 and sold for $9.95. To say the least I was very pleased with the trade. Stochastics on all time frames were in my favor, and the lift on the ban of stem cell research helped MDRX and others such ast STEM rally. So, on a down day, I made decent profits on the long side. Unfortunately I don't have the chart, but if you look at the 2/17/09 chart, you can see where I made my money on MDRX.
Other than that, I am watching the markets and waiting until I am a bit less busy so I can get back to focussing on trading!
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