Wednesday, November 17, 2010

Trade review 11-17-10

Please read the following post first: Big T's request!

I scored a few victories today...

Hits:

FLXT

Aside from a brief later session spike, this played out to script, finishing red by nearly 2% today. It fell steadily from the start and into the close.

VTMS

Qual Sec changed its name to Vitamin Spice, sorry for the snafu. This worked to script. Opening on a gap up, this went sideways for 30 minutes and then tanked nicely, and despite closing strongly finished red by over 11% on the day.

TIII

Another perfect short, this opened at the hod on a gap up, then fell quickly. It went green to red, yielding a shorting cue. This faded evenly into the close, which was down by over 7% today.

BSFT

Nominal gap up proved to be equal to the hod, which then faded evenly except for one early retest of greening that quickly failed. Mostly flat price action followed with a red finish of nearly 1.5% today.

DLM

Opening on a gap up, aside from one early dip fake out red, this advanced nicely, though it faded a bit into the close, which was green by over 1% today. The aforementioned noise never stopped out for correct stops.

CHGI

Opening on a gap down that proved equal to the hod, this fell nicely and mostly evenly into the close, which was red by 11% or so.

Misses:

LSCG

Opening on a gap down, this sported choppy price action, ultimately finishing unchanged. It fell into the close. At best a push can be claimed here, but the possible fake outs merit a loss result.

Push: None

Totals:
Daily record: W-6 L-1-P-0

85%

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