Thursday, March 29, 2012

Trade review 3-29-12

I got some picks correct on this day...

Hits:

HCKT

A steady bleed down beyond the noise candle from near the hod yielded a short. This continued into the close, which was down by nearly 6.5% today.

GRZ

Worked like a charm for longs. Opening on a gap down at the lod, a morning red to green move ensued. It eventually closed up over 5% today.

Misses:

DPTRQ

A fake out loss when a gap down advanced and greened initially, but fell in the afternoon. It closed strong after yielding a fade, up a bit less than 1% today.

CZR

Some could have been faked out here when this flat debut rose on the noise candle, then fell but closed above the trigger on the next one. It kept falling, going green to red. It recovered into the close but narrowly reddened less than 1% at the very end.

KIOR

This whipsawed when a gap down fell in the morning consistently. It then rose in the afternoon, erasing those early negative. A weak close ended it down a bit under 0.5% today but the dam was probably done.

Push:

AMRS

This fell from near the gun, not triggering. Then it moved sideways the remainder, closing red by over 7.5% today.

GAZ

Another no trigger, opening on a clear gap down near the hod which went no place all day. It closed south by over 6% today.

Off record pick CAGAQ had another rip roaring day, advancing out of the gate, eventually finishing up over 33% today. A possible fake out, believe it or not, occurred around lunch time. NUSMF also advanced today, steadily from the open, closing weakly but up over 5% today.

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

40%

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