<img src="http://puddles.humanfund.ca/20110211/spy.png">
<img src="http://puddles.humanfund.ca/20110211/mcp.png">
<img src="http://puddles.humanfund.ca/20110211/jdsu2.png">
<img src="http://puddles.humanfund.ca/20110211/sndk.png">
<img src="http://puddles.humanfund.ca/20110211/rig.png">
<img src="http://puddles.humanfund.ca/20110211/jdsu5.png">
9:34
SHORT MCP 48.74
STOP 49.01
TGT 48.23
- niccy tells me MCP on her short list
- big gap down, looks pretty week
- short LOD
- should have waited to see if SPY could break .80 support.
- out -0.39
9:40
LONG JDSU 26.07
STOP 25.88
TGT 26.45
- JDSU a beast this week
- long over the higher low.. the tail was a litlte suspect but JDSU and the market looked like it want to go higher
- out +0.37
9:45
SHORT SNDK 50.2
StOP 50.31
TGT 50.00
- SPY looking to close the gap
- SNDK ranging at the lows
- Sell the LOD..
- out -0.15
10:38
SHORT RIG 76.99
STOP 77.18
TGT 76.61
- As SPY shows big strength RIG keeps jamming against 77.00 support
- short the break
- out -0.26
11:02
LONG JDSU 27.03
STOP 26.81
TGT 27.47
- Long the range break at the highs
- During this time the Egypt news was coming out (whats his face stepping down)
- Markets were a little uncertain IMO and JDSU was hanging well in the .20 area
- Moved my stop to the low of the next higher low
- JDSU gets to .82 and runs to tgt. ugh
- out -0.06
I should not have been fighting the tape today with so many shorts. 7-10 week, 14-15 month (48%)
http://puddles.humanfund.ca/wp/2011/02/11/2011-02-11-trades/