Perfect Storm Trades for 2/7/2013

Jea Yu

Perfect Storm Trades for 2/7/2013

By Jea Yu — Author

Hi All,

SPY got crushed after peaking off 151.35 this morning. Bears face planted SPY back down through the daily 5 period moving average at 150.82 and collapsed it to through 150.20 prior supports setting up a leanto the daily 15 period ma and weekly 5 period ma 149.80s-149.60s. We hit DV SHORT at 31.20 off the open for a tightening to scalp the 30.95 leans, out + .25. We spotted an impact entry on AKAM perfect storm and hit LONG AKAM at 34.97 to scalp 35.10, out + .13 and lock 35.22, out + .25. Clipped out + $202 profits this morning.

Posted to Morning Profit Maker on Feb 07, 2013 — 10:02 AM

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Jea Yu