Tuesday, July 12, 2011

Trade review 7-12-11

I got some of them right on Tuesday...

Hits:

CRVP

A gap up early red to green kept declining, steadily falling until it closed red by over 17.5% today.

BIOR

A very nice short as a solid gap down at the hod gradually decayed all day. It closed on the lod south over 28.5% today.

Misses:

SNOFF

Early weakness beyond the 1st 5 minutes could have faked out shorts, when it reversed about 30 minutes in and climbed all the way back positive, until a weak close ended it south over 1% today but above the entry.

LEE

A fake out for longs as this looked alright early on. It peaked early and reversed after 5 minutes of trading. It reddened in the afternoon, closing weakly down over 7.5% today. At least some losses would have occurred.

Push:

CBOU

A gap down and crap at the hod did not let longs enter. It went sideways 30 minutes in and just continued to go nowhere, closing red by over 6% today. A no play.

CSKI

Another no play as it failed to trigger for longs. No credit on the short as it did not really challenge 3.50 enough. It just fell out of the bell several minutes and then gradually recovered. Red close near 1.5% today.

KNDI

A no play as this flat open at the hod and crap fell at once. It soon bottomed, and went sideways the rest of the way to close negative by over 7.5% today.

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

50%

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