Thursday, July 15, 2010

Trade review 7-14-10

I got something right...

Hits:

LUB

Near perfect fade call fell over 3% after failing at 5ish for the short.

Misses:

GRNO

Supernovae scan kept up the pace or the longs, squeezing shorts over 16% with a hod close.

Push:

CIE

Disappointing, choppy stock closed at exactly 8 which suggests a push, given that few were likely stopped out here. Also, see my comments from last time. Nominally green finish of less than 1%

IDT

Overdue for a distribution day, this finished red by over 1% but most of that was already priced into the gap down, so the best I can claim is a push. Held 16, by the way.

Totals:
Daily record: W-1 L-1 P-2
50%

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