Trade review 4-28-10

I nailed quite a few today...

Hits:

TUFF

Opened at high, flat from previous close, faded decently.

APPY

Gap down, rose early to previous close, faded and later sold off adequately.

CDXC

This finished unchanged, but the early panic tanking permitted a tenable short.

GRAN

Gap up, green to red dump then slow fade was a short play.

ASFN

Opened on gap up then traded below its opening price signal, last 2 hours an afternoon fade short into close.

NNLX

Gap down, rally, reached for the previous close price from below then faded decently.

FTBK

Gap up, eventually leading to a nice afternoon fade short entry.

CIIC

Awesome short. Gap up, immediate fade, producing afternoon fade cue when it fell under yesterday's close.

CRUS

Early upside as predicted from bell, then correction, then gradual recovery. Unimpressive for a green close!

Misses:

ANTF

No credit as it opened near 3.05 and continued going up. Bright side is that support area is getting stronger, so if it cracks later on it will matter more.

ROHI

Gap down red to green. Head faked again. Several Twittersphere traders and one chat room speaker are now shorting this. I do not short without entry cues that I understand, so I am not in yet.

Totals:
Daily record W-9 L-2
81%

I hope many of you caught at least some of these! Send me feedback by e-mail or in post messages if so.

The overall market was not very good to trade due to choppiness for much of the session. I prefer trending sessions. I always stand aside on such days.

I am now visiting another chat room, and am sometimes answering trader questions live there as well.

The room uses the same Ventrilo program and cannot log into the other chat room at the same time. I suppose installing it on 2 computers would work, but I am not sure I want to do that. Several experienced traders are found in both rooms. Both have reviews on Investimonials, see Stockguy22 & First Adopter.


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