Trade review 3-26-10

I hit a few hole in ones:

Cheez Whiz SP call GTWO actually worked! Time was 'ole Preacher could actually make for a long scalp. A rare pick in the modern era good for even minuscule gain. Once the game is too well known, it loses punch.

BLDP

Afternoon fade. We all were too busy arguing over ABIO to notice, probably!

ESPH

Nice take out of 52's and continuation for a great day.

BKRS

This worked, but you had to short from near the gun. It recovered as the session went on.

SMOD

Huge gap up mostly ruined upside, but some existed after bell or an entry in pre-market.

CHGY

Afternoon fade spoiled by last 30 minute rise. But it worked if you covered conservatively on any greening.

No new trades for me.

I spent half the day debating ABIO with various chat members who played it long far too late for good odds or wanted to short it at improper times. Still in the aforementioned unfunded margin account Think or Swim paper swings PAY and AMCC and doing alright in those so far. Looking to exit on any daily close above the 5 SMA.

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