Small Time Trading

[benchman]

Well, the reversal did not hold up. After being up almost 300, the DOW closed down 416 points. Oil had been positive, but closed down 1.2%. The oil drillers were mixed:

ESV: +1.81%
DO: +2.45%
NE: -.4%
RIG: -2.26%

As you can see RIG performed the worst, after performing the best yesterday. It also made a new 52-week low today. DO, also made a new 52-week low, but ended up performing the best today.

ESV closed up 6 cents to $3.37. It tested it's 52-week low ($3.28) early in the morning but held. It got as high as $3.59 today.

My margin call now sits at $750. Hopefully, we get a good day on Monday, and that gets erased. Trading ends at 1pm ET that day. I may or may not be online. If not, I hope everyone has a Merry Christmas.