I got some plays right on Friday...
Hits:
COPY
A nominal gap up at the hod gradually decayed and fell red in the morning, with more declines in the afternoon and it closed down over 7.5% on Friday.
ANMCF
A gap up at the lod just advanced steadily, picking up speed in the afternoon, closing positive by over 14% on Friday.
Misses:
TWDL
A loss when this gap up started declining from the start, going green to red early and staying negative most of the day, but powering up into the close, which was positive by over 7% on Friday. A whipsaw head fake.
Push:
FRPT
An unchanged finish from the previous session close push ensued when a gap down open began decaying at once. Just before lunch it began recovering, a march lasting all day, but longs probably were long gone by then. The hod printed a cent over the Thursday close. A no play, obviously.
SEED
An easy loss to avoid when a gap up open printed positive only on the noise candle. It was all down hill from then on, soon falling red from green. It recovered a bit near lunch but not enough. Closed south by nearly 7.5% on Friday. Another no play push.
COOL
This began falling at once, denying longs an entry as looked so weak. It greened, but only well into lunch. It dipped back nominally red for a brief spell, then moved back positive, before closing weak to end almost unchanged but just barely red. In the unlikely event any long entered on the late move to positive, they probably broke even or a tad better unless they sold at the bell. A no play push for most.
ESIC
This looks like a win, given it closed up over 2% on Friday. But given my honesty, it is scored as a push at best. Opening on a gap down, it filled and meandered near the flat line, before going green near lunch. That was a bit late for this kind of play. Most who entered on that cross probably at least broke even or made peanuts. It soon fell back slightly negative and moved sideways, but closed strongly to end the day positive. Such a see saw character or personality is hardly inspiring to risk money on, so I assume most kept flat.
My off table pick JVA yielded a classic early red to green move long as I suspected it might. It kept rising nicely most of the day, but closed weakly. Still, it finished the session positive by over 7% on Friday.
Totals:
Daily record: W-2 L-1-P-4
66%
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Hits:
COPY
A nominal gap up at the hod gradually decayed and fell red in the morning, with more declines in the afternoon and it closed down over 7.5% on Friday.
ANMCF
A gap up at the lod just advanced steadily, picking up speed in the afternoon, closing positive by over 14% on Friday.
Misses:
TWDL
A loss when this gap up started declining from the start, going green to red early and staying negative most of the day, but powering up into the close, which was positive by over 7% on Friday. A whipsaw head fake.
Push:
FRPT
An unchanged finish from the previous session close push ensued when a gap down open began decaying at once. Just before lunch it began recovering, a march lasting all day, but longs probably were long gone by then. The hod printed a cent over the Thursday close. A no play, obviously.
SEED
An easy loss to avoid when a gap up open printed positive only on the noise candle. It was all down hill from then on, soon falling red from green. It recovered a bit near lunch but not enough. Closed south by nearly 7.5% on Friday. Another no play push.
COOL
This began falling at once, denying longs an entry as looked so weak. It greened, but only well into lunch. It dipped back nominally red for a brief spell, then moved back positive, before closing weak to end almost unchanged but just barely red. In the unlikely event any long entered on the late move to positive, they probably broke even or a tad better unless they sold at the bell. A no play push for most.
ESIC
This looks like a win, given it closed up over 2% on Friday. But given my honesty, it is scored as a push at best. Opening on a gap down, it filled and meandered near the flat line, before going green near lunch. That was a bit late for this kind of play. Most who entered on that cross probably at least broke even or made peanuts. It soon fell back slightly negative and moved sideways, but closed strongly to end the day positive. Such a see saw character or personality is hardly inspiring to risk money on, so I assume most kept flat.
My off table pick JVA yielded a classic early red to green move long as I suspected it might. It kept rising nicely most of the day, but closed weakly. Still, it finished the session positive by over 7% on Friday.
Totals:
Daily record: W-2 L-1-P-4
66%
New users: Read my trading guide for my play set-ups!
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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