Trade review 5-11-10

I pretty much nailed some of these calls:

Hits:

EVSI

May have more red to come in the near future. Lower shadow of yesterday proved to be an omen.

UXG

Fueled by gold interest, this opened above resistance and ran up all day en route to a 8%+ finish.

POSC

This weak fade should have plenty of additional downside in time, finishing down over 1% is a lame victory.

KRY

Gold speculation today helped this breakout nicely, en route to a 12%+ finish.

Misses:

AEZS

This gapped down and was never really a factor for the long, en route to a -5%+ finish. A miss.

ANTS

Another dissapointing play, which realized a gapper up as predicted, but faded. It later went red to green,  but faded in the latter part of the session en route to a nearly -7% finish. Another miss.

Push:

CUR

This got over 3.25, but instead of failing it merely finished at 3.25 and thus was nominally green. A cheesy tie.

AAPH

This finished unchanged.  It remains at 0.95 per share or better, but no moves of import occurred. A push.

Totals:
Daily record: W-4 L-2 P-2  
66%

My two unofficial list picks, CDXC and MCGI are worth a mention. The first did pull back, but only moderately, closing down less than 2% The pump gapped down instead of up and dived before the open and after for several minutes, then saw sideways price action the rest of the way en route to a 20%+ red finish. 


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