I got some picks right on Friday...
Hits:
ANAC
A big win for longs when a gap up rose and triggered for new annuals. It continued to climb all session, closing up over 13.5% on Friday.
PCYG
A nice short when a gap from the hod fell from the noise candle, steadily all session. It closed south by over 7% on Friday.
BCF
Nominal win long possible when a gap up debut closed just over the trigger following the noise candle. Up and down moves along the flat line followed, with a strong finish to end just positive on Friday.
Misses:
RBCC
A flat debut fell from the hod, yielding a short once it fell under open just before lunch. It continued to fall, but closed strongly, to end down over 13% on Friday. But this was on the probable entry price, so with commissions it could be a loss.
MCP
A gap up open moved up and down initially, but the trigger candle just before lunch closed right on the final price, so with commissions this could have lost for longs. Closed positive by over 3% on Friday.
Push:
DEPO
A gap down rose and fell after a weak noise candle, eventually greening for good in the afternoon, but it never quite triggered long. Closed up over 1% on Friday. A no play push.
OSTK
A huge gap discouraged any entries, but once it steadily moved over the open, the only play was long, and that worked well. After 30 minutes, it movedc sideways, closing up over 19% on Friday. A push.
Totals:
Daily record: W-3-L-2-P-2
60%
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Hits:
ANAC
A big win for longs when a gap up rose and triggered for new annuals. It continued to climb all session, closing up over 13.5% on Friday.
PCYG
A nice short when a gap from the hod fell from the noise candle, steadily all session. It closed south by over 7% on Friday.
BCF
Nominal win long possible when a gap up debut closed just over the trigger following the noise candle. Up and down moves along the flat line followed, with a strong finish to end just positive on Friday.
Misses:
RBCC
A flat debut fell from the hod, yielding a short once it fell under open just before lunch. It continued to fall, but closed strongly, to end down over 13% on Friday. But this was on the probable entry price, so with commissions it could be a loss.
MCP
A gap up open moved up and down initially, but the trigger candle just before lunch closed right on the final price, so with commissions this could have lost for longs. Closed positive by over 3% on Friday.
Push:
DEPO
A gap down rose and fell after a weak noise candle, eventually greening for good in the afternoon, but it never quite triggered long. Closed up over 1% on Friday. A no play push.
OSTK
A huge gap discouraged any entries, but once it steadily moved over the open, the only play was long, and that worked well. After 30 minutes, it movedc sideways, closing up over 19% on Friday. A push.
Totals:
Daily record: W-3-L-2-P-2
60%
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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