Trade review 3-10-10

A few really good calls from Watchers:

BVTI I absolutely nailed. This darling I tried to play for real, but shares ran out at IB  shortly before the stock gave the cues to enter short. I watched in agony as it morning panicked its way to nirvana. IB failed again!

MSN neatly panicked and faded.

MGH faded, too. I do not get credit as I did not predict the setting properly for entry in my Watchers.

ZANE saw its first down day as predicted. It should have more if it can take out annoying 2.80ish level.

SAEB gapped up a bit, then dived, but its low volume annoyed me enough to stay away.

CLNH also went according to the script, but it was too cheap and low volume to seriously entertain.

As I discussed in my other post tonight, I short scalped (paper) a spot situation play in CPWM, from Watchers, that panned out nicely for instructional purposes. As usual, only 200 shares were applied.

SLD    200    CPWM    Stock    3.1600    USD    ARCA    10:37:59        1.00
BOT    200    CPWM    Stock    2.9500    USD    DRCTEDGE    10:44:55        1.00


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