Trades for Thurs, Oct 8th, 2015: + $774 Profits

08 Oct Trades for Thurs, Oct 8th, 2015: + $774 Profits

9:36 – SHORT 2000 EMC 26.92avg, COVERED 1700 at 26.70, out + .22, COVERED 300 at 26.71, out + .21            =          + $437

9:40 – BUY 400 GPRO 28.05, STOPPED 28.91, out - .14        =          - $54

9:54 – SHORT 2000 MU 18.86avg, COVERED 18.83, out + .03          =          +$60

10:13 – SHORT 200 NBIX 42.40, COVERED 41.75, out + .65  =          + $130

10:16 – SHORT 1000 MU 18.90, COVERED 18.77, out + .13  =          + $130

10:24 – SHORT 800 LL 15.63avg, COVERED 15.58, out + .05=          + $40

Total Daily P/L:          + $743

Total Weekly P/L:        + $6,039

Total Monthly P/L:      + $9,808

Total Yearly Profit:    + $130,922

EMC10082015 MU10082015

Summary:

SPY popped to the weekly lower bbs before peaking out at 199.29 this morning.  We hit EMC SHORT at 26.92avg as the 5 and 1-minute dual fang mini inverse pups made it TOO TEMPTING not to short for very nice oscillations down through the 26.79 and 26.69 super fib supports where we scalped out the 26.70 and 26.71 into liquidity, out + .22 and + .21 on 2,000 shares for our largest score this morning.  We took some scalps on MU SHORTS off that 18.86 and 18.90 fibs with the latter one being too good to pass up when the 5 and 1-minute dual mini inverse pups kicked in for a lean to the 18.77 overshoots to scalp liquidity.  We stepped in too late on LL at the 15.45 shorts as it was the last fib area coupled with stinky 5s and 15.34 last pivot.  We rectified this by scaling a second SHORT LL at 15.80 into the 5 minute thrusts for the 15/60 minute dual mini inverse pup rejections to scalp out at 15.58, out + .05 on 15.63avg.  Low stress morning as we closed out + $743 profits in the first hour.