Trade review 4-12-10

I called several home-runs today for one of my best days ever in Watchers, with plays such as:

CTDBQ

This opened on the high and tanked over 19% from the gun, going green to red for a shorting cue as the previous close equaled today's open.

GETA

Opened at the high, then tanked from open, going green to red for the shorting cue, having gapped slightly up.

VASO

Opened at the high, then tanked 35% from the bell, having gapped down slightly.

PCGR

Open equaled the previous day's close and was the day high, then it tanked for the shorts.

TELK

Opened gapping up, spiking, then a classic profit taking late morning dump ensued for a possible short.

YHGG

Gapped down a bit much, although it tanked morning panic style about 25 minutes into the day for the shorts, having gone from red to green then back again in the process.

NWBO

All worries of spikes were over at the bell when this opened on the high and sold off on successive candles.

This was a near perfect performance for my Watcher list, the best free resource of its kind online arguably.

I sadly was never at my trading computer today but logged into one chat room on my chart PC where one person entered ABK at like 1.59 for a few minutes in the morning. I do not know where he sold at, but I saw the intra-day bull pennant form beautifully, then consolidate. I thought it might be a possible scalp at most, as it was already up so much from premarket and from the open. I could not have been more wrong.

I left the work station for some time, and I returned much later in the day to power down near the close. High after high had been wiped out on the way to a 2.25 finish! It must have been quite a ride for live viewers!


The blog has a terms of service. Be sure to read it at:


http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html