I got some picks right on Friday...
Hits:
BCYP
A gap up from the hod fell steadily, yielding a short. Ended down almost 7.5% on Friday.
SCMP
Shorts won off a gap up debut that went green to red in 35 minutes. It kept declining en route to a red end of over 2.5% on Friday.
FDML
Nice short off the 7 fail. A gap up from near the hod fell under the trigger at open, then slowly decayed. Closed down almost 3.5% on Friday.
Misses:
RPTP
A possible fake out short on this gap up that fell beyond the noise candle and closed below the initial low, only to reverse sharply soon after and stay positive. It ended up around 0.50% on Friday.
Push:
INFN
Any early entry might have won nominally, but most probably kept flat. A gap down moved sideways and up a bit, but could not green. It did after lunch, but did not make new annuals. Closed almost unchanged. Push.
BSFT
A gap down open rose and moved over the flat line and hit the trigger on one candle but it closed under that and the gap line. Then slowly declined, with a rebound failing to close the gap. It closed south almost 2% on Friday. Most potential longs would have kepty flat.
SPPI
A no play push off a gap down debut that failed to trigger. It fell after a strong noise candle and soon moved sideways for hours under the flat line. A strong close ended down a bit over 1% but longs had no entry.
Totals:
Daily record: W-3-L-1-P-3
75%
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Hits:
BCYP
A gap up from the hod fell steadily, yielding a short. Ended down almost 7.5% on Friday.
SCMP
Shorts won off a gap up debut that went green to red in 35 minutes. It kept declining en route to a red end of over 2.5% on Friday.
FDML
Nice short off the 7 fail. A gap up from near the hod fell under the trigger at open, then slowly decayed. Closed down almost 3.5% on Friday.
Misses:
RPTP
A possible fake out short on this gap up that fell beyond the noise candle and closed below the initial low, only to reverse sharply soon after and stay positive. It ended up around 0.50% on Friday.
Push:
INFN
Any early entry might have won nominally, but most probably kept flat. A gap down moved sideways and up a bit, but could not green. It did after lunch, but did not make new annuals. Closed almost unchanged. Push.
BSFT
A gap down open rose and moved over the flat line and hit the trigger on one candle but it closed under that and the gap line. Then slowly declined, with a rebound failing to close the gap. It closed south almost 2% on Friday. Most potential longs would have kepty flat.
SPPI
A no play push off a gap down debut that failed to trigger. It fell after a strong noise candle and soon moved sideways for hours under the flat line. A strong close ended down a bit over 1% but longs had no entry.
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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