Small Time Trading

[benchman]

Account value down almost $1,200. That is a total of $2,000 for the first two days this week. Most of that has to do with oil, which was down another 1.5% today.

ESV closed down .24 to $8.40. It started off higher, and got as high as $8.84, but that didn't last long. The low was $8.36, which is the 20 day EMA. I am hoping it will bounce off of that. ESV reports earnings after the bell tomorrow.

SGY closed down .47 to $4.40. I made things worse for myself by adding at $4.51. The stock went as low as $4.2664. I still think there is a bounce over $5 coming soon.

My only gainer, again, was TDW. It closed at $1.70, up .03. It went as high as $1.73, and looked like it was going to breakout, but then basically traded between $1.70 and $1.71 most of the day.