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

Quote from puddles:

10:54

SHORT RMBS 19.04
STOP 19.11
TGT 18.9
More...

as i told geezy earlier.. i fat fingered this one and figured i'd let it ride..

note.. lets not do that again.
 
<img src="http://puddles.humanfund.ca/20100803/spy.png">

<img src="http://puddles.humanfund.ca/20100803/jnj.png">

<img src="http://puddles.humanfund.ca/20100803/gme.png">

<img src="http://puddles.humanfund.ca/20100803/rmbs.png">

<img src="http://puddles.humanfund.ca/20100803/wynn.png">

<img src="http://puddles.humanfund.ca/20100803/gs.png">

<img src="http://puddles.humanfund.ca/20100803/rimm.png">

10:32

LONG JNJ 59.06
STOP 59.98
TGT 59.22

- JNJ real strong from the open but hitting resistance at 59.05
- Long the break
- out +0.16 (left a little on the table with this one!)

10:40

SHORT GME 20.52
STOP 20.60
TGT 20.36

- SPY tries to retrace off it lows
- GME stays at it lows
- Short under the lower high
- out -0.10 (slip)

10:54

SHORT RMBS 19.04
STOP 19.11
TGT 18.9

- RMBS not retracing as much as SPY
- I even said go geezy "I like RMBS if SPY calms down"
- Fat fingered the entry even though I didn't wait for SPY to calm down
- out -0.09 (slip)

13:13

LONG WYNN 90.34
STOP 90.14
TGT 90.74

- 12-1pm SPY drifts lower
- WYNN making new highs
- Tight higher low sets up
- out +0.4

14:10

LONG GS 153.1
STOP 152.89
TGT 153.52

- SPY tries to make a few higher lows but fails
- GS does make those higher lows
- out +0.4

14:28

LONG WYNN 91.3
STOP 91.15
TGT 91.6

- WYNN blows by resistance at 91 and holds that level
- Tight higher low sets up
- out +0.3 in a hurry

15:20

SHORT RIMM 55.71
STOP 55.81
TGT 55.51

- RIMM weak all afternoon
- Held under resistance at 56 for a fair bit prior
- I missed the short under the 15:00 bar which went straight to TGT too
- Take the next one
- out +0.2

http://puddles.humanfund.ca/wp/2010/08/03/2010-08-03-trades/
 
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