Trade review 9-6-11

I got none of the plays right on Tuesday...

Hits:

None.

Misses:

CIIC

A fake out loss for shorts when this gap down closed a bit higher than it opened. After falling steadily the 1st hour, it gradually recovered and almost closed the gap. Ended negative by a bit less than 1% on Tuesday.

ABCP

This also began to falter early, but it recovered into the close. Enough to fake out shorts, it ended down by almost 1% on Tuesday. The probable entry point was lower than it finished. Only early covers banked.

Push:

GRO

Huge gap up rose from the gun, and did not fill. A no play. It rose almost 21.5% on Tuesday.

PPR

Here, any sane entry was prevented by the big gap down that also never filled. It decayed even more, but you cannot short into such a gapper without risk of bouncing. Red finish by almost 2.5% on Tuesday.

OCLR

Another no play from a trigger that never arose for longs. A big gap down never filled, and it closed south by nearly 5.5% on Tuesday.

DEXO

A no play for longs when this fell from the start, never greening. It closed red by over 9.5% on Tuesday.

CLGX

Still another no play from a gap down that tried to rise from the open but never triggered or closed the gap, finishing down over 1% on Tuesday.

Totals:
Daily record: W-0 L-2-P-5
0%

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