I shorted 250 shares of TNA at $42.34 in the 2:45pm candle and covered at $42.00 in the 3:10pm candle; gained $81.30.
Re-shorted 250 shares TNA at 42.05 at 3:29pm, exiting with a BAD fill at 3:38pm. Clicked the sell button at $41.92 and nothing happened... then it cleared at 41.97.
Gained $17.86.
TNA still dropping nicely... $41.82 now but popping on volume.
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UPDATE: looks like no PPT at work today... at least not yet with 10 mins to go. I honestly thought it would drop to the $41.60 area but it is sticky here at 41.85.
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UPDATE TWO: 4 mins until close and it appears that $41.70 is as low as TNA is going to get this day. I'd be very surprised if this doesn't gap lower at tomorrow's open, complete with a down day.
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UPDATE THREE: And in the last minute, it struck $41.60 and now below... mark the close at $41.51. Damn... should have hung in there! Ah, no worries; I'm not a hot-shot trader, just a guy trying to eek out a living while continuing to learn.
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