You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
A 70k bet that I can't make a 50% gain in 2009
- Thread starter geez
- Start date
<img src="http://puddles.humanfund.ca/20101229/spy.png">
<img src="http://puddles.humanfund.ca/20101229/rig.png">
<img src="http://puddles.humanfund.ca/20101229/mos.png">
<img src="http://puddles.humanfund.ca/20101229/cstr.png">
<img src="http://puddles.humanfund.ca/20101229/pot.png">
9:40
SHORT RIG 68.1
STOP 68.17
TGT 67.976
- SPY gaps up, RIG gaps up slightly
- RIG goes red, tight lower high
- out +0.14 (xpert cover)
9:59
LONG MOS 72.56
STOP 72.42
TGT 72.84
- Gap and go, tight higher low
- out +0.27
14:29
SHORT CSTR 56.24
STOP 56.44
- SPY at the highs
- CSTR at the lows, weak all day
- out -0.12
14:51
LONG POT 154.23
STOP 153.99
TGT 154.71
- POT and it's sector had been a beast all day
- I had originally thought POT was overdone and to avoid it long
- POT puts in a big pullback bar but immediately retraces the entire bar.
- Given this show of strength i take a long over the last bar using the low of the current bar as the stop
- out -0.38
http://puddles.humanfund.ca/wp/2010/12/29/2010-12-29-trades/
<img src="http://puddles.humanfund.ca/20101229/rig.png">
<img src="http://puddles.humanfund.ca/20101229/mos.png">
<img src="http://puddles.humanfund.ca/20101229/cstr.png">
<img src="http://puddles.humanfund.ca/20101229/pot.png">
9:40
SHORT RIG 68.1
STOP 68.17
TGT 67.976
- SPY gaps up, RIG gaps up slightly
- RIG goes red, tight lower high
- out +0.14 (xpert cover)
9:59
LONG MOS 72.56
STOP 72.42
TGT 72.84
- Gap and go, tight higher low
- out +0.27
14:29
SHORT CSTR 56.24
STOP 56.44
- SPY at the highs
- CSTR at the lows, weak all day
- out -0.12
14:51
LONG POT 154.23
STOP 153.99
TGT 154.71
- POT and it's sector had been a beast all day
- I had originally thought POT was overdone and to avoid it long
- POT puts in a big pullback bar but immediately retraces the entire bar.
- Given this show of strength i take a long over the last bar using the low of the current bar as the stop
- out -0.38
http://puddles.humanfund.ca/wp/2010/12/29/2010-12-29-trades/
Quote from Dr Who:
In one of the earliest posts by Geez, he used the term 'extended' in the context of 'looking for extended stocks'.
Do you guys have a hard and fast rule about how you define 'extended' or is it based on some TA + intuition ?
the latter.. i look for a multi day run up closing at the highs.. big % move over those few days (30+%)