Tuesday, July 10, 2012

Trade review 7-10-12

I got some picks correct on Tuesday...



A 1 cent gap up from the hod fell from the gun, soon yielding a short. It closed red by over 30.5% today.


Despite a weak Dow, this shook off early weakness to green in the afternoon, yielding a long. It moved sideways into the finish, closing up almost 3% for at least a narrow win on most all buys.


Even early longs banked if they held on through the reversal which held the initial low, since it rebounded in the afternoon and into the close. Closed up over 8% today.


A near gap and crap won easily for shorts when this fell from the open and steadily decayed, en route to a red finish of over 24% today.



Opening on a gap up, this faked out shorts early when it crossed under the flat line, only to rebound by 30 minutes in. It closed weak, ending positive by a bit over 0.5% but the entry price short was likely a bit lower.



A gap down began rising from the noise candle, where the lod printed. It kept climbing most of the way, closing positive by almost 38% today. Shorts had no play. A push.


A big gap down rose off the lod, never giving shorts a chance to enter. It closed positive by over 8.5% today rising on moderate volume.

Daily record: W-4-L-1-P-2


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