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

<img src="http://puddles.humanfund.ca/20100614/spy.png">

<img src="http://puddles.humanfund.ca/20100614/chk.png">

<img src="http://puddles.humanfund.ca/20100614/gg.png">

<img src="http://puddles.humanfund.ca/20100614/rimm.png">

<img src="http://puddles.humanfund.ca/20100614/rmbs.png">

<img src="http://puddles.humanfund.ca/20100614/wynn.png">

<img src="http://puddles.humanfund.ca/20100614/aig.png">


9:56

LONG CHK 25.31
STOP 25.21
TGT 25.51

- SPY gaps up and chops downard from the open
- CHK gaps up and shows strength
- Long over the higher low,
- out +0.2 (almost HOD exit, phewf)

10:21

SHORT GG 42.58
STOP 42.72
TGT 42.3

- GG very weak from the open
- SPY starts to rally after 10am, GG gets even weaker
- Look for an entry under the next lower high
- out -0.14

10:31

LONG RIMM 61.26
STOP 61.13
TGT 61.52

- RIMM was acting much like SPY from the open but put in a few big up bars
- SPY made a similar move up but not as strong then started drifting down, RIMM held it's level through this
- Look for an entry on this relative strength
- Long over the tight higher low
- out -0.13

10:38

LONG RMBS 18.81
STOP 18.73
TGT 18.97

- Opened weaker than SPY (actually missed an early short on it)
- Rallys to new highs showing some great intraday strength
- RMBS rallys with SPY but doesn't pull back with SPY (like rimm)
- Long over a higher low
- out +0.16

10:49

LONG WYNN 84.59
STOP 84.31
TGT 85.15

- Good strength not pulling back with SPY from about 10:20 on
- Puts in a big green bar and then a pullback
- The next bar after the pullback returns back to near the highs
- Look for a tight bar to go long over
- out +0.56

14:42

LONG AIG 38.12
STOP 37.99
TGT 38.38

- SPY was weak from noon onward, AIG quite the opposite
- Look for a tight higher low to enter on
- Pretty much a perfect entry as the stop size is tight and under a round number
- out +0.25 (slip)

http://puddles.humanfund.ca/wp/2010/06/14/2010-06-14-trades/
 
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