<img src="http://puddles.humanfund.ca/20100614/spy.png"> <img src="http://puddles.humanfund.ca/20100614/chk.png"> <img src="http://puddles.humanfund.ca/20100614/gg.png"> <img src="http://puddles.humanfund.ca/20100614/rimm.png"> <img src="http://puddles.humanfund.ca/20100614/rmbs.png"> <img src="http://puddles.humanfund.ca/20100614/wynn.png"> <img src="http://puddles.humanfund.ca/20100614/aig.png"> 9:56 LONG CHK 25.31 STOP 25.21 TGT 25.51 - SPY gaps up and chops downard from the open - CHK gaps up and shows strength - Long over the higher low, - out +0.2 (almost HOD exit, phewf) 10:21 SHORT GG 42.58 STOP 42.72 TGT 42.3 - GG very weak from the open - SPY starts to rally after 10am, GG gets even weaker - Look for an entry under the next lower high - out -0.14 10:31 LONG RIMM 61.26 STOP 61.13 TGT 61.52 - RIMM was acting much like SPY from the open but put in a few big up bars - SPY made a similar move up but not as strong then started drifting down, RIMM held it's level through this - Look for an entry on this relative strength - Long over the tight higher low - out -0.13 10:38 LONG RMBS 18.81 STOP 18.73 TGT 18.97 - Opened weaker than SPY (actually missed an early short on it) - Rallys to new highs showing some great intraday strength - RMBS rallys with SPY but doesn't pull back with SPY (like rimm) - Long over a higher low - out +0.16 10:49 LONG WYNN 84.59 STOP 84.31 TGT 85.15 - Good strength not pulling back with SPY from about 10:20 on - Puts in a big green bar and then a pullback - The next bar after the pullback returns back to near the highs - Look for a tight bar to go long over - out +0.56 14:42 LONG AIG 38.12 STOP 37.99 TGT 38.38 - SPY was weak from noon onward, AIG quite the opposite - Look for a tight higher low to enter on - Pretty much a perfect entry as the stop size is tight and under a round number - out +0.25 (slip) http://puddles.humanfund.ca/wp/2010/06/14/2010-06-14-trades/