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

9:54

SHORT NWSA 13.44
STOP 13.51
TGT 13.3

 

stop to b/e, might even wiggle it down.

 

out +0.14

 

10:33

SHORT GT 11.6
STOP 11.71
TGT 11.38

 

out -0.11

SPY rips for 10 minutes, GT stays tight.. SPY peels off 0.3 and GT shoots for my stop? fu GT

 

<img src="http://puddles.humanfund.ca/20100519/spy.png">

<img src="http://puddles.humanfund.ca/20100519/nwsa.png">

<img src="http://puddles.humanfund.ca/20100519/gt.png">

9:54

SHORT NWSA 13.44
STOP 13.51
TGT 13.3

- NWSA has a weak daily chart
- SPY gaps but heads up
- NWSA gaps down and heads lower
- NWSA tries to retrace but basically gets nowhere as SPY continues up
- Short under the lower high as SPY turns downward
- easy peasy

10:33

SHORT GT 11.6
STOP 11.71
TGT 11.38

- Same as NWSA, Gap down and drop
- SPY puts in a BIG green bar at 10:25 and GTI barely budges
- Short under the 10:25 bar
- SPY even turned after 2 big green bars and I still stopped out.

1-1 on the day..

3-0 flyers..

 

Nice work guys! Do you guys have some stocks you are watching for today? Thanks Jim

 

I'm going to watch the fun for the first few minutes.. TEVA DLTR ARUN all might gap up so they'll stand out a little..

 

thanks!

 

GME holding real well too.. (for now)