I got some picks right today...
Hits:
PRAN
Gap down printed the hod in the initial 5 minute noise candle. It fell back red and subsequent rallies essentially hit the flat line, so few shorts would have been stopped out. It briefly hit net negative by 2 cents, before falling back under. Textbook afternoon fade followed into the close, which was south by over 14.5% today.
UTOG
This monster kept rolling yet again, this time cleanly. Gap near the lod closed near the hod, which was green by over 20% today. More easy money for longs.
BDCO
Red to green and holds for the long as I predicted, another up day for this oldie but goodie, north by over 6% today. After the gap down the flat line cross happened in a timely fashion.
ALZM
Another easy win for Bulls. A gap open printed the lod in the initial 5 minute noise candle. Then it was all uphill from there. It closed north over 11% today. This one and UTOG have really been incredible plays.
Misses:
GDGI
This opened on a gap up that fell on the initial 5 minute noise candle. It went red to green right after, which could have trapped some Bulls, since it eventually decayed and finished weak, down over 3% today.
Push:
CHOPW
Same story as yesterday, which is why I had 8 picks and not my usual 7. Dropping it from my list. I assume it was terminated or is otherwise inactive. No play, obviously.
PGH
This looks like a loss, but it is not. The reason is how the price action commenced. Shorts following my rules would not have lost a cent, since it opened at the lod and immediately zoomed up, going red to green after a gap down in the 1st 15 minutes. It held positive all day, closing north by nearly 1.5% today.
ESPH
I said keep flat on negative price action. This opened at the hod, and dumped at once. A gap up went red soon after the open. Weak rallies gave way to more new lows, and it closed south by 10% today.
I did well on my official plays, but my unofficial ones were mainly duds. CHGS closed lower than it opened, though it gapped up. The spike scalp up kind of worked, I guess. ROYL opened on a gap up, which did advance nicely in the morning, but a weak close ended up being red by 1.5% today. FXCB opened on a gap down, the hod being only equal to the previous day close and fell from there. It closed down by almost 1.5% today. Good thing my main list picks were the ones I selected!
Totals:
Daily record: W-4 L-1-P-3
80%
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
Hits:
PRAN
Gap down printed the hod in the initial 5 minute noise candle. It fell back red and subsequent rallies essentially hit the flat line, so few shorts would have been stopped out. It briefly hit net negative by 2 cents, before falling back under. Textbook afternoon fade followed into the close, which was south by over 14.5% today.
UTOG
This monster kept rolling yet again, this time cleanly. Gap near the lod closed near the hod, which was green by over 20% today. More easy money for longs.
BDCO
Red to green and holds for the long as I predicted, another up day for this oldie but goodie, north by over 6% today. After the gap down the flat line cross happened in a timely fashion.
ALZM
Another easy win for Bulls. A gap open printed the lod in the initial 5 minute noise candle. Then it was all uphill from there. It closed north over 11% today. This one and UTOG have really been incredible plays.
Misses:
GDGI
This opened on a gap up that fell on the initial 5 minute noise candle. It went red to green right after, which could have trapped some Bulls, since it eventually decayed and finished weak, down over 3% today.
Push:
CHOPW
Same story as yesterday, which is why I had 8 picks and not my usual 7. Dropping it from my list. I assume it was terminated or is otherwise inactive. No play, obviously.
PGH
This looks like a loss, but it is not. The reason is how the price action commenced. Shorts following my rules would not have lost a cent, since it opened at the lod and immediately zoomed up, going red to green after a gap down in the 1st 15 minutes. It held positive all day, closing north by nearly 1.5% today.
ESPH
I said keep flat on negative price action. This opened at the hod, and dumped at once. A gap up went red soon after the open. Weak rallies gave way to more new lows, and it closed south by 10% today.
I did well on my official plays, but my unofficial ones were mainly duds. CHGS closed lower than it opened, though it gapped up. The spike scalp up kind of worked, I guess. ROYL opened on a gap up, which did advance nicely in the morning, but a weak close ended up being red by 1.5% today. FXCB opened on a gap down, the hod being only equal to the previous day close and fell from there. It closed down by almost 1.5% today. Good thing my main list picks were the ones I selected!
Totals:
Daily record: W-4 L-1-P-3
80%
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:
Post a Comment