I got some of them correct today...
Hits:
COBI
Despite its big down day yesterday, it was easy money. The hod printed near the gun and it steadily fell, going red out of a flat open. This continued all day, and it closed down 25% today after a 46.5%+ drop Thursday!
CBOU
I called the high! About an hour in we crossed the key level, and a retrace back took us to and a bit under the flat line, but the daily initial lod held, and it fast rebounded, going green for good. We peaked at exactly 11 and it closed up over 3% near that amount.
Misses:
AKRX
A small loss, but honesty compels me to count it as such. A gap up advanced at once, and went over our entry level, though it just missed 7. It peaked early then fell, soon reaching and going under the flat line. A sideways move followed the rest of the way, and it closed south by over 1 half of 1 percent today.
ENSL
I would like to call this a win, too, but honesty prevents that. It finished red by over 1% today, and it fell under 0.09 for the short entry. Unfortunately, It rebounded in the afternoon to close above 0.09 today.
Push:
AVNR
A no play. No 4.50 test, it just opened flat and fell a bit. It rebounded, but could not exceed the flat line nor our key entry level. A strong afternoon allowed it to close red by less than 1 half of 1 percent.
CTICD
Another no play. Resistance area defeat and a red to green did not arise to go long into. The gap down almost filled, but it did not actually conquer the flat line. Closed south by over 4.5% today.
MITK
On paper, this looks like a win, but it's unclear how many made money, I suspect most did. Opening on a 1 cent gap up, the noise candle was small range and red. Then most entries on the 2nd candle when the stock traded above the high of the 1st one made money. It started to fall from there, eventually falling negative and going flat near the unchanged line until a strong afternoon and close resulted in it advancing by over 2% today. I think the way it moved probably caused most to stay out, though.
Totals:
Daily record: W-2 L-2-P-3
50%
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Hits:
COBI
Despite its big down day yesterday, it was easy money. The hod printed near the gun and it steadily fell, going red out of a flat open. This continued all day, and it closed down 25% today after a 46.5%+ drop Thursday!
CBOU
I called the high! About an hour in we crossed the key level, and a retrace back took us to and a bit under the flat line, but the daily initial lod held, and it fast rebounded, going green for good. We peaked at exactly 11 and it closed up over 3% near that amount.
Misses:
AKRX
A small loss, but honesty compels me to count it as such. A gap up advanced at once, and went over our entry level, though it just missed 7. It peaked early then fell, soon reaching and going under the flat line. A sideways move followed the rest of the way, and it closed south by over 1 half of 1 percent today.
ENSL
I would like to call this a win, too, but honesty prevents that. It finished red by over 1% today, and it fell under 0.09 for the short entry. Unfortunately, It rebounded in the afternoon to close above 0.09 today.
Push:
AVNR
A no play. No 4.50 test, it just opened flat and fell a bit. It rebounded, but could not exceed the flat line nor our key entry level. A strong afternoon allowed it to close red by less than 1 half of 1 percent.
CTICD
Another no play. Resistance area defeat and a red to green did not arise to go long into. The gap down almost filled, but it did not actually conquer the flat line. Closed south by over 4.5% today.
MITK
On paper, this looks like a win, but it's unclear how many made money, I suspect most did. Opening on a 1 cent gap up, the noise candle was small range and red. Then most entries on the 2nd candle when the stock traded above the high of the 1st one made money. It started to fall from there, eventually falling negative and going flat near the unchanged line until a strong afternoon and close resulted in it advancing by over 2% today. I think the way it moved probably caused most to stay out, though.
Totals:
Daily record: W-2 L-2-P-3
50%
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
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