Sold short after a dead cat bounce for a swing. Got lucky with a gap down in the morning on a very weak market and was able to cover quickly for a $97.40 profit overnight. Good trade overall. I probably could have held onto this as I believe it will continue down but you can't really argue with a $100 gift overnight.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-10-22 15:47:00 | NTAP | sell | $29.881 | short |
2012-10-23 09:33:00 | NTAP | buy | $28.907 | 0 |
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