Yup, right now all I'm aiming for is 2:1 reward:risk and a 50% success rate. repeat ad infinitum I know that geez sometimes moves stops/targets after taking some off at 2:1
Couldn't have said it better myself. *Puddles, sounds like JS may be sneaking around Mr Weinsteins room too..we may have to do some searching tomorrow, sniff out this JScott character!
I got filled .02 on this one, my stop was .17 and target was .72...and took it breakeven as well * .01 from tgt Nodoji..ENJOY!!!
<img src="http://puddles.humanfund.ca/20100510/spy.png"> <img src="http://puddles.humanfund.ca/20100510/cam.png"> <img src="http://puddles.humanfund.ca/20100510/mee.png"> <img src="http://puddles.humanfund.ca/20100510/apc.png"> 10:55 SHORT CAM 35.6 STOP 35.78 TGT 35.24 - CAM very weak vs. SPY today, almost closes the gap - Take the lower high. 14:58 LONG MEE 35.88 STOP 35.73 TGT 36.18 - From 2pm to my entry MEE is very clean and strong vs. a choppy SPY - Take the tight higher low 15:30 SHORT APC 57.01 STOP 57.20 TGT 56.63 - APC dips with SPY from 3pm but does not participate on SPYs retrace after 10 minutes. - geez and I were a little annoyed we missed the perfect lower high short at 3:00pm at 57.75 - geez and I talk each other into shorting - APC blows past 57 and teases our targets, both of us move our stops to B/E - APC and the overall market rips and takes out our b/e stop 0-2-1 today