SRDX (BOUNCE PATTERN: SELL)

I closed my very first position. The reason was simple, the stock is near resistance and the lack of volume convinced me is time to move on.

SPY & SDS Observations 10.24.07

 In order for the market to go higher, SDS needs to fail on the support here. I’ve raised my stop loss for SRDX because stock is moving up without much volume.