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Friday, July 11, 2008

7/10T10:23 1st test...

!st test of the new R.o.t.R:

The portfolio opened up over 2.5% so the rule to cut positions in half is in effect in the 1st two hours. I need to refine how this is done over the 1st 2 hours. I have covered a little @ 10:00 and I'm now thinking of covering a little more between 10:30 & 11:00 and the rest at 11:30. Once this is done the idea is to reposition on the subsequent rally. "Subsequent rally" is a vague term and needs to be fleshed out...

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