<img src="http://puddles.humanfund.ca/20101130/spy.png">
<img src="http://puddles.humanfund.ca/20101130/pot.png">
<img src="http://puddles.humanfund.ca/20101130/rimm.png">
<img src="http://puddles.humanfund.ca/20101130/rig.png">
<img src="http://puddles.humanfund.ca/20101130/cost.png">
<img src="http://puddles.humanfund.ca/20101130/ntap.png">
9:36
(2min play)
SHORT POT 142.44
STOP 142.67
TGT 142.00
- POT gaps down with SPY
- SPY choppy and heading higher
- POT heading lower
- Short the tight lower high, tgt at the round #
out +0.42 (sick LOD cover)
10:00:23
(2min play)
LONG RIMM 61.21
STOP 61.01
TGT 61.61
- One of the few stocks to gap up today
- Look to get long after the 10am #
out +0.37
14:25
SHORT RIG 67.72
STOP 67.86
TGT 67.44
- RIG weak since 11:30am, slow drift down
- Get short under the tight lower high
out -0.14 (ticked out, fuuu)
14:44
LONG COST 67.66
STOP 67.55
TGT 67.88
14:55
ADDING COST 67.73
STOP 67.65
TGT 67.88
- COST strong on the day holding at highs even during the 2pm SPY selloff
- Get long over the bar (first trade)
- Higher low sets up after, add on half
- Took some off at .83 (woudl have been tgt on the add)
out +0.22 and +0.15
15:19
LONG NTAP 51.09
STOP 50.98
TGT 51.31
- SPY pulled back from 3:10 for 10 minutes
- NTAP pushed higher through this
- Look to get long with an SPY turn
- I should not have taken this trade as there was a big tail on the entry bar which was below the stop i used
- out -0.14
15:27
SHORT RIG 67.49
STOP 67.59
TGT 67.29
- Same rationale as earlier RIG trade
out +0.19
http://puddles.humanfund.ca/wp/2010/11/30/2010-11-30-trades/