Monday, August 09, 2010

Trade review 8-9-10

I aced it today...

Hits:

PACR

Gap up showed early promise as this gradually inclined, finishing green by over 5%

ARNA

Gap up with early strength and some spiking easily holding 7 was a buy signal, as predicted. Up over 4% by close and now up after hours.

CCTC

As suspected, this provided a great fade. Opening on a gap down, it tanked fast and hard over 29.5%

Misses:

No obvious losers, arguably. What makes it less impressive is with the 2 pushes that follow I only got the other 3 correct. With more selections such a result is almost impossible.

Push:

WWWW

The thing is despite the red finish of less than 1% it never really went anywhere again. I cannot claim a win on sideways price action that technically finishes red. A push is called for.

DCMT

Also arguably a win due to the fading action as the session wore on from an open somewhat near the high, this finished unchanged, meriting a push result.

Unofficially, I even aced my swing pick long, NANO which blew past 12.50 psychological resistance and
took 13 for a spell, before closing a bit under up over 5%

Totals:
Daily record: W-3 L-0 P-2
100%


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