A 70k bet that I can't make a 50% gain in 2009

<img src="http://puddles.humanfund.ca/20100719/spy.png">

<img src="http://puddles.humanfund.ca/20100719/qcom.png">

<img src="http://puddles.humanfund.ca/20100719/bp.png">

<img src="http://puddles.humanfund.ca/20100719/wynn.png">

<img src="http://puddles.humanfund.ca/20100719/mhs.png">

9:51

LONG QCOM 36.83
STOP 36.75
TGT 36.99

- SPY and QCOM gap up
- SPY has a big red pullback bar but continues higher
- Long over the bar, stop 1c below support
- out -0.10

10:12

SHORT BP 35.64
STOP 35.88
TGT 35.16

- followed geezy on this one..
- tight lower high sets up and spy in our favor..
- saw .16 print, moved stop tight. geezy got a trillion shares covered at .17 too..

out +0.42 (slip in and out)

10:38

SHORT WYNN 77.99
STOP 78.29
TGT 77.39

- SPY tries to bounce but WYNN stays at it lows showing support at 78
- Short the break of 78.00
- Disregard the prior tail and use a 30c stop which will cover the bar prior
- out +0.58 (almost LOD cover)

14:57

SHORT MHS 54.76
STOP 54.81
TGT 54.66

- SPY strong through the later afternoon
- MHS weak and making new lows
- Short range break
- Tight 5c stop
- out -0.06.
- Could have probably put stop at the top of the range

http://puddles.humanfund.ca/wp/2010/07/19/2010-07-19-trades/
 
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