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

Discussion in 'Journals' started by geez, Dec 21, 2008.

  1. <img src="http://puddles.humanfund.ca/20100719/spy.png">

    <img src="http://puddles.humanfund.ca/20100719/qcom.png">

    <img src="http://puddles.humanfund.ca/20100719/bp.png">

    <img src="http://puddles.humanfund.ca/20100719/wynn.png">

    <img src="http://puddles.humanfund.ca/20100719/mhs.png">

    9:51

    LONG QCOM 36.83
    STOP 36.75
    TGT 36.99

    - SPY and QCOM gap up
    - SPY has a big red pullback bar but continues higher
    - Long over the bar, stop 1c below support
    - out -0.10

    10:12

    SHORT BP 35.64
    STOP 35.88
    TGT 35.16

    - followed geezy on this one..
    - tight lower high sets up and spy in our favor..
    - saw .16 print, moved stop tight. geezy got a trillion shares covered at .17 too..

    out +0.42 (slip in and out)

    10:38

    SHORT WYNN 77.99
    STOP 78.29
    TGT 77.39

    - SPY tries to bounce but WYNN stays at it lows showing support at 78
    - Short the break of 78.00
    - Disregard the prior tail and use a 30c stop which will cover the bar prior
    - out +0.58 (almost LOD cover)

    14:57

    SHORT MHS 54.76
    STOP 54.81
    TGT 54.66

    - SPY strong through the later afternoon
    - MHS weak and making new lows
    - Short range break
    - Tight 5c stop
    - out -0.06.
    - Could have probably put stop at the top of the range

    http://puddles.humanfund.ca/wp/2010/07/19/2010-07-19-trades/
     
    #2371     Jul 19, 2010
  2. 9:57

    SHORT RIMM 53.22
    STOP 53.42
    TGT 52.82
     
    #2372     Jul 20, 2010
  3. out +0.4
     
    #2373     Jul 20, 2010
  4. 10:13

    SHORT BMC 35.99
    STOP 36.11
    TGT 35.77

    i think this sucker is dead in the water..
     
    #2374     Jul 20, 2010
  5. 10:26

    SHORT RIMM 52.85
    STOP 53.01
    TGT 52.55
     
    #2375     Jul 20, 2010
  6. stop to b/e
     
    #2376     Jul 20, 2010
  7. out b/e
     
    #2377     Jul 20, 2010
  8. tailed geezy again

    10:34

    LONG GLD 116.17
    STOP 116.05
    TGT 116.39
     
    #2378     Jul 20, 2010
  9. out +0.23 (slip in)
     
    #2379     Jul 20, 2010
  10. 15:12

    LONG RIMM 55.13
    STOP 54.99
    TGT 55.42
     
    #2380     Jul 20, 2010