Thursday, January 06, 2011

Trade review 1-6-11

I got a few picks right...

Hits:

GCFB

Opening on a gap up at the hod, this closed well off of the lows, but most probably covered well before the close. Still, it finished red, though only by less than 1 half of 1 percent. Hammer print on the daily.

REFR

A perfect play that opened on the hod on a gap up, then dived fast to red. It intensified into the close, which was red by nearly 7.5% today.

PEIX

I never lose on this one, either. Opening on a bit of a gap down a cent off of the hod, this fell fast, falling a buck and staying red into the close, which was negative by 12.5% today.

Misses:

TNGS

I thought it had topped, and it might yet fall shortly, though 2 itself was not the ceiling and it finished green by over 4.5% today. I got the timing and direction wrong. Opening on a gap up, it never reddened, but while I could claim this as a push due to no clear fade signal, the call was premature.

GLUU

A loss despite finishing green by nearly 1.5% today. Opening on a gap up, its choppy price action could have faked out shorts when it went red and back a few times during trading. Even a late spike surge failed.

Push:

WLOC

Opening on a modest gap up at the lod, it never went red to yield a viable shorting cue, so a flat stance was suggested. Another boring, narrow range candle that inched up, closing green by over 2% today.

BSQR

I got the direction and timing right, though it finished green very barely in terms of cents, with a gap accounting for the rest in a positive close of over 1% today. The open was less than the close as well, but it ultimately finished narrowly higher. Opening on a gap up, it looked strong early and conservative sellers who were long banked. But it went red late. Although it recovered and even greened, it merits a push at best.

My unofficial pick DUNR opened on a gap up at the hod and crapped. It recovered into the close, to finish green by almost 1.5% but it did not excite folks today.

Totals:
Daily record: W-3 L-2-P-2

60%

Review my blog at Investimonials:

Follow me now on Twitter:

Watch my instructional trading videos on YouTube:

Subscribe to Big T by e-mail:

Subscribe to Big T in a news reader:


The blog has a terms of service. Be sure to read it at:



http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html

No comments: