<img src="http://puddles.humanfund.ca/20100720/spy.png"> <img src="http://puddles.humanfund.ca/20100720/rimm.png"> <img src="http://puddles.humanfund.ca/20100720/bmc.png"> <img src="http://puddles.humanfund.ca/20100720/gld.png"> 9:57 SHORT RIMM 53.22 STOP 53.42 TGT 52.82 - SPY and RIMM gap down.. Both try to run higher, SPY makes a break after 9:45 but RIMM heads lower - Short under the tight bar - out +0.4 10:13 SHORT BMC 35.99 STOP 36.11 TGT 35.77 - BMC super weak making new lows - Short under lower high - out -0.13 10:26 SHORT RIMM 52.85 STOP 53.01 TGT 52.55 - RIMM sets up again, tight lower high with stop just above a round # - Short under the bar - Set the tgt at LOD +2c - out b/e 10:34 LONG GLD 116.17 STOP 116.05 TGT 116.39 - GLD super strong putting in a giant green bar - GLD settles and sets up a nice tight higher low - (this was geez's trade, i'm pretty sure this is his rationale) - out +0.23 15:12 LONG RIMM 55.13 STOP 54.99 TGT 55.42 - Tight HL, long over it. - I wanted to long at .81 but I was tilted from missing a wicked FCX earlier due to a work interruption so i cancelled the order thinking I was just tilting off a trade. - out b/e http://puddles.humanfund.ca/wp/2010/07/20/2010-07-20-trades/
<img src="http://puddles.humanfund.ca/20100721/spy.png"> <img src="http://puddles.humanfund.ca/20100721/gild.png"> <img src="http://puddles.humanfund.ca/20100721/tap.png"> 9:34 SHORT GILD 32.27 STOP 32.42 TGT 32 (1min chart) - GILD was on short watch based on it's daily chart - SPY gapped up, GILD gapped down - SPY was weak, look for a quick short in GILD - short under the lower high on the 1 minute - I set the target at 32 as it was a support level on the daily - out +0.27 10:03 LONG TAP 45.01 STOP 44.91 TGT 45.21 - TAP was on long watch based on it's daily pattern (over 45) - Higher low sets up right at 45, long the break of that level - out +0.18 (slippage on the way in) - <3 this company and their products. http://puddles.humanfund.ca/wp/2010/07/21/2010-07-21-trades/
<img src="http://puddles.humanfund.ca/20100722/spy.png"> <img src="http://puddles.humanfund.ca/20100722/ebay.png"> <img src="http://puddles.humanfund.ca/20100722/intu.png"> <img src="http://puddles.humanfund.ca/20100722/apa.png"> <img src="http://puddles.humanfund.ca/20100722/aig.png"> 10:08 SHORT EBAY 20.85 STOP 21.01 TGT 20.55 - SPY gaps and goes. - EBAY gaps higher but heads lower - Short the lower high just as SPY turns lower - out -0.16 10:49 LONG INTU 38.39 STOP 38.33 TGT 38.51 - Looks long on the daily - INTU ripping between 10:30 onward - long over tight bar - out -0.06 14:13 LONG APA 90.01 STOP 89.85 TGT 90.33 - APA looks long on the daily, broken out above 2 week range - Long over the break of 90.00 - I used this play on TAP yesterday, different result though - out -0.16 14:50 LONG AIG 36.7 STOP 36.54 TGT 37.02 - AIG puts in a big bar up - Little pull back and stabilization - Long over tight higher low - This was looking pretty good until SPY fell off a cliff - out -0.16 I didn't go into today with a clear trading plan, no stocks on watch in either direction. Had a ton of meetings and other crap today.. Sigh http://puddles.humanfund.ca/wp/2010/07/22/2010-07-22-trades/
busy morning.. 9:55 LONG NTAP 42.01 STOP 41.85 TGT somewhere out -0.19 (slip) 10:10 SHORT ABC 21.31 STOP 21.48 TGT 21.00 out +0.31 10:13 LONG ME 23.01 STOP 22.92 TGT 23.19 out +0.18 10:56 LONG RIMM 55.52 STOP 55.4 TGT 55.76 out -0.12