Thursday, February 14, 2008

Short Trade Of The Day - ITT Educational Services, Inc. (Public, NYSE:ESI)



Shorted $69.99
Closed position $68.68

Notes
1) Enter before 11:45 bar closed.
2) Spread was wide, so I only traded a very small position to minimize risk.
3) Should have cover right at the daily support $68.36 (blue line) from 01/23/2008.