Bought +70 NBR @15.80

I got stopped out of my Nabors Industrial Ltd (NBR) shorts. The market gapped up this morning and NBR followed suit. See Figure 1.

I won't re-enter until NBR and the market shows some weakness, such as closing the gap and weak intraday sentiment.

Total loss for this trade is \$33.60 + \$10.

[caption id="attachment_1591" align="aligncenter" width="500" caption="Nabors Industrial Ltd."][Nabors Industrial
Ltd.][][/caption]

[Nabors Industrial Ltd.]: http://traderpau.files.wordpress.com/2009/07/2009-07-15-nbr.png