Tuesday, July 13, 2010

Trade review 7-13-10

I got something right...

Hits:

NUSMF

Gap down faded quickly and steadily en route to a red finish of over 14%

Misses:

GRNO

Flat open and teaser fake out. Then it went red to green and held, en route to a positive finish of over 7.5%

IDT

Choppy mess finished green by less than 1% but a loss is a loss. A gap up had a green to red move which proved to be a fake out when it gradually recovered.

Push:

DEAR

I would like to call this a win, due to the nice lunchtime drop, but the early spiking above 3.05 probably tripped many stops for the shorts, so the best I can claim is a draw here. Red finish by over 8%

Totals:
Daily record: W-1 L-2 P-1
33%


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