Wednesday, August 18, 2010

Trade review 8-18-10

I got some of these things correct...

Hits:

HELI

Once this puppy went red mid day, a short cue existed which panned out nicely. Down over 30.5% Had early life, and died today, a home run call, arguably.

MTLQQ

Fell from near the gun, then meandered in nowhere land most of the rest of the day, finishing red by over 10%

VGZ

Insipid price action, but it fell decently from the bell and struggled with going green all day, fading into the close en route to a red finish of over 1.5%

TITXF

Nice fading action from the gun, which continued much of the session, en route to a down finish of over 1%

AONE

Bargain hunters arrived, making this uptick gently most of the day, finished green by less than 1% though.

Misses:

MJNA

Things were going fine with a gentle glide down, until a late push greened this dope stock up by over 4%

NNBR

Ultimately a pull back entry for brave souls was achieved, but it floundered today, and it fell below 7.50 so even though it regained that level and its footing, a miss is a miss. This play might still work out for the bulls, I hope some of you are still long, almost.

Push: None.

Totals:
Daily record: W-5 L-2 P-0
71%


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