I got a few picks right on this day...
Hits:
PSDV
A gap up near the hod fell near the open, yielding a short. A return trip held the initial high, and it decayed into the afternoon. Closed south by over 4.5% today.
BARZ
A flat open moved sideways a bit then up, before heading back to and under the flat line, yielding a short. Another flat line challenge failed, and it gently declined, closing south by over 16% today.
IMOS
A big gap up dumped from the hod. Then it began to rise, so shorts had no early play. But after greening near lunch, it fell back to the flat line, and the cross under and below the open yielded the short. It gently decayed into the finish which was modestly south, but enough for a small win after commissions on the likely entry spot.
Misses:
STEV
A loss with commissions factored in when this flat debut fell from he gun. It bottomed in an hour, then moved sideways most of the day, until a late spike greened it and it ended up over 3% today. The likely entry price was about equal to the close.
Push:
ALIM
This rose out of the noise candle, then hung just over the flat line the remainder. It closed positive by over 1% today on a no play push as shorts had no shot.
TBET
A big gap up should have led to a flat stance here. It fell from the open and gradually decayed, so anyone shorting won, but finished positive by almost 5.5% today due to the gapper.
ALSK
A no trigger push when this gap down a cent under the hod began to fall early. A weak close followed mostly sideways moves finishing south by nearly 3.5% today.
Totals:
Daily record: W-3-L-1-P-3
75%
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Hits:
PSDV
A gap up near the hod fell near the open, yielding a short. A return trip held the initial high, and it decayed into the afternoon. Closed south by over 4.5% today.
BARZ
A flat open moved sideways a bit then up, before heading back to and under the flat line, yielding a short. Another flat line challenge failed, and it gently declined, closing south by over 16% today.
IMOS
A big gap up dumped from the hod. Then it began to rise, so shorts had no early play. But after greening near lunch, it fell back to the flat line, and the cross under and below the open yielded the short. It gently decayed into the finish which was modestly south, but enough for a small win after commissions on the likely entry spot.
Misses:
STEV
A loss with commissions factored in when this flat debut fell from he gun. It bottomed in an hour, then moved sideways most of the day, until a late spike greened it and it ended up over 3% today. The likely entry price was about equal to the close.
Push:
ALIM
This rose out of the noise candle, then hung just over the flat line the remainder. It closed positive by over 1% today on a no play push as shorts had no shot.
TBET
A big gap up should have led to a flat stance here. It fell from the open and gradually decayed, so anyone shorting won, but finished positive by almost 5.5% today due to the gapper.
ALSK
A no trigger push when this gap down a cent under the hod began to fall early. A weak close followed mostly sideways moves finishing south by nearly 3.5% today.
Totals:
Daily record: W-3-L-1-P-3
75%
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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