A 70k bet that I can't make a 50% gain in 2009
- Thread starter geez
- Start date
TRADES TODAY:
9:42 AMGN SHORT 56.14 STOP 56.31 TGT 55.82
EXIT 56.31 -200
* SPY gaps down and as it moves up AMGN stays weak (rel weakness play). Short on the 2 min chart lower high.
10:05 COST SHORT 58.60 STOP 58.95 TGT 57.90
*COST gaps under yesterday's green bar and stays weaker than SPY through the first 30 min. It puts in a lower high on the 5 min chart at 10:05 short there.
EXIT 57.94 +375
10:25 WYNN SHORT 84.82 STOP 85.32 TGT 83.82
EXIT 83.82 +400
* WYNN is weak and puts in a lower high on the 5 min chart at 10:20 same time SPY does.
10:40 WYNN SHORT 84.24 STOP 84.34 TGT 83.64
EXIT 83.64 +420
* Already in one WYNN short and it breaks lod on a strong move and puts in a perfect lower high at 10:40.
4 TRADES
3 WINS
1 LOSS
9:42 AMGN SHORT 56.14 STOP 56.31 TGT 55.82
EXIT 56.31 -200
* SPY gaps down and as it moves up AMGN stays weak (rel weakness play). Short on the 2 min chart lower high.
10:05 COST SHORT 58.60 STOP 58.95 TGT 57.90
*COST gaps under yesterday's green bar and stays weaker than SPY through the first 30 min. It puts in a lower high on the 5 min chart at 10:05 short there.
EXIT 57.94 +375
10:25 WYNN SHORT 84.82 STOP 85.32 TGT 83.82
EXIT 83.82 +400
* WYNN is weak and puts in a lower high on the 5 min chart at 10:20 same time SPY does.
10:40 WYNN SHORT 84.24 STOP 84.34 TGT 83.64
EXIT 83.64 +420
* Already in one WYNN short and it breaks lod on a strong move and puts in a perfect lower high at 10:40.
4 TRADES
3 WINS
1 LOSS
<img src="http://puddles.humanfund.ca/20100506/spy.png">
<img src="http://puddles.humanfund.ca/20100506/wynn.png">
<img src="http://puddles.humanfund.ca/20100506/vrx.png">
9:56
LONG VRX 49.02 (wanted .00)
STOP 48.85
TGT 49:30
(2 minute chart)
- VRX showing daily strength and had it's small pullback yesterday, now it's ready to roll again.. looking for longs.
- gaps down with SPY but shows early strength on the 2min
- take over the higher low on the 2 minute..
- looked good for a bit then a big bar down.. -0.17
<img src="http://puddles.humanfund.ca/20100506/wynn.png">
<img src="http://puddles.humanfund.ca/20100506/vrx.png">
9:56
LONG VRX 49.02 (wanted .00)
STOP 48.85
TGT 49:30
(2 minute chart)
- VRX showing daily strength and had it's small pullback yesterday, now it's ready to roll again.. looking for longs.
- gaps down with SPY but shows early strength on the 2min
- take over the higher low on the 2 minute..
- looked good for a bit then a big bar down.. -0.17
<img src="http://puddles.humanfund.ca/20100507/spy.png">
<img src="http://puddles.humanfund.ca/20100507/hgsi.png">
10:12 SHORT HGSI 22.79
STOP 23.02
TGT 22.33
- After thursday there's very little chance I'm going long anything intra day unless I can see a strong established uptrend
- HGSI showing a weak daily almost to the point of extended down
- HGSI gaps down with SPY but it's first three bars are much weaker than SPY (rel weakness to market)
- The entry on the 9:50 is pretty nice as SPY turns but the stop is way too large (at the time)
- HGSI steps down with SPY and sets up a nice tight lower high allowing for a small stop.
- Short under prior bar at 22.79 (got filled at 22.78)
- as the market continues to fall target is easily hit +0.45
wish they could all be this easy.
<img src="http://puddles.humanfund.ca/20100507/hgsi.png">
10:12 SHORT HGSI 22.79
STOP 23.02
TGT 22.33
- After thursday there's very little chance I'm going long anything intra day unless I can see a strong established uptrend
- HGSI showing a weak daily almost to the point of extended down
- HGSI gaps down with SPY but it's first three bars are much weaker than SPY (rel weakness to market)
- The entry on the 9:50 is pretty nice as SPY turns but the stop is way too large (at the time)
- HGSI steps down with SPY and sets up a nice tight lower high allowing for a small stop.
- Short under prior bar at 22.79 (got filled at 22.78)
- as the market continues to fall target is easily hit +0.45
wish they could all be this easy.
Trades from 5/7:
9:45 MCK SHORT 64.89 STOP 65.19 TGT 62.29
EXIT 65.19 -200
* MCK Gaps down and as SPY moves up MCK bases low for the first 10 min. As SPY reverses at 9:40 MCK break down. Short below the 9:40 low. It stops me out and goes right to tgt after that.
9:55 MON LONG 59.66 STOP 59.26 TGT 60.46
EXIT 59.26 -200
*MON is extended down on the daily chart , so looking for a bounce, puts in a higher low on the 5 min chart.
10:05 MOS LONG 48.74 STOP 48.54 TGT 49.14
EXIT 48.54 -200
*MOS is extended down on daily chart and holds strong the first 30 min of trading, but the higher low on 5 min chart.
12:05 1/2 LOT AKS LONG 15.90 STOP 15.60
13:30 1/2 LOT AKS LONG 15.76 STOP 15.60 TGT 16.40
EXIT all 15.60- 200
* AKS is extended down on daily holds real well all a.m., but the higher low right under HOD.
15:25 APOL SHORT 54.54 STOP 54.66 TGT 54.33
*EXIT b/e
* APOL is weak through out the day and puts in a perfect lower high on the 5 min chart. Gets with .02 of tgt, move stop to b/e.
0 Wins
4 Losses
1 b/e
9:45 MCK SHORT 64.89 STOP 65.19 TGT 62.29
EXIT 65.19 -200
* MCK Gaps down and as SPY moves up MCK bases low for the first 10 min. As SPY reverses at 9:40 MCK break down. Short below the 9:40 low. It stops me out and goes right to tgt after that.
9:55 MON LONG 59.66 STOP 59.26 TGT 60.46
EXIT 59.26 -200
*MON is extended down on the daily chart , so looking for a bounce, puts in a higher low on the 5 min chart.
10:05 MOS LONG 48.74 STOP 48.54 TGT 49.14
EXIT 48.54 -200
*MOS is extended down on daily chart and holds strong the first 30 min of trading, but the higher low on 5 min chart.
12:05 1/2 LOT AKS LONG 15.90 STOP 15.60
13:30 1/2 LOT AKS LONG 15.76 STOP 15.60 TGT 16.40
EXIT all 15.60- 200
* AKS is extended down on daily holds real well all a.m., but the higher low right under HOD.
15:25 APOL SHORT 54.54 STOP 54.66 TGT 54.33
*EXIT b/e
* APOL is weak through out the day and puts in a perfect lower high on the 5 min chart. Gets with .02 of tgt, move stop to b/e.
0 Wins
4 Losses
1 b/e