Wednesday, July 16, 2008

July 16 Airlines Rally

Crude Oil sold off on inventory numbers and airlines rallied hard even after AMR reported a 1.45 billion dollar loss for its quarterly earnings.

The dow Rallied when Oil tanked off its inventory # at 10:30am EST.

I was long 3 contracts on YM before the oil spike lower and YM popped. I also got some good scalps shorting the 30yr bond futures contract. The 2yr (ZF) has been relatively strong compared to the longer bonds.


Anonymous said...

great chart, what MA are you using besides BollingerBands ?


HPT on 1:33 PM said...

I've got a lot of indicators hidden underneath. I'll make a post about my chart sometime this week. Gotta go to work.

Anonymous said...

wow you called it, great rally today - oil is all over the place now.

Subscribe via email

Enter your email address:

Delivered by FeedBurner


High Probability Trade. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com