<img src="http://puddles.humanfund.ca/20101214/spy.png"> <img src="http://puddles.humanfund.ca/20101214/hig.png"> <img src="http://puddles.humanfund.ca/20101214/ibm.png"> <img src="http://puddles.humanfund.ca/20101214/expe.png"> <img src="http://puddles.humanfund.ca/20101214/x.png"> <img src="http://puddles.humanfund.ca/20101214/lvs.png"> <img src="http://puddles.humanfund.ca/20101214/ual.png"> 9:44 (2min play) LONG HIG 26.02 STOP 25.93 - Moster from the open - Buy the top.. sigh - out -0.10 10:16 LONG IBM 145.51 STOP 145.34 TGT 145.85 - Nice strength from the open - Clean higher low - out +0.33 10:17 SHORT EXPE 25.52 STOP 25.63 TGT 25.3 - super weak from the open - short the pullback looking for cont. - out -0.12 13:11 LONG X 55.01 STOP 55.94 TGT 55.15 - over 1hr of running into resistance at 55.00 - Long the break - Should have left a runner, had a SBUX trade like this a few weeks ago that ran hard too. - out +0.13 14:39 SHORT LVS 43.71 STOP 43.80 TGT 43.53 - after much indecision, the market decided it did not like the fed minutes, look for a short - LVS tight lower high at the lows - out +0.18 15:09 SHORT UAL 24.57 STOP 24.63 TGT 24.45 - See above - out +0.12 http://puddles.humanfund.ca/wp/2010/12/14/2010-12-14-trades/
9:35 LONG POT 137.82 STOP 137.6 TGT 138.26 out b/e (it's on it's way back to tgt after hitting my stop)
fu pot, blew past tgt after ticking me out. it was 7c from tgt so it was correct to move the stop. 9:49 LONG X 55.81 STOP 55.59 TGT 55.25 out +0.43
<img src="http://puddles.humanfund.ca/20101215/spy.png"> <img src="http://puddles.humanfund.ca/20101215/pot.png"> <img src="http://puddles.humanfund.ca/20101215/x.png"> <img src="http://puddles.humanfund.ca/20101215/ual.png"> 9:35 (2min play) LONG POT 137.82 STOP 137.6 TGT 138.26 - Gap up vs. SPY gapping down - Tight higher low as SPY tries to head higher - out b/e (ticked out then to TGT) 9:49 (2min play) LONG X 55.81 STOP 55.59 TGT 55.25 - Gaps slightly down but goes green almost instantly at the open - SPY pulled back a few times from the open, X moving higher - Long over the higher low - out +0.43 10:14 LONG UAL 24.70 STOP 24.64 - Tight higher low at the highs as SPY makes new highs - Long the higher low - Daily chart had short written all over it, should not have taken this. - out -0.07 http://puddles.humanfund.ca/wp/2010/12/15/2010-12-15-trades/
Hi Puddles! Haven't looked at your thread for a while, but just checked in and this X trade from yesterday caught my eye. The setup on that chart usually results in a measured move from the last breakout. Since the breakout from the 54.40 zone to the 55.00 zone was .60, assume a breakout of the consolidation flag will very likely be a similar move in the same direction. I try to give those kind of breakouts extra room to run!
9:32 SHORT BIDU 98.84 STOP 99.01 out -0.2 just stupid, should have had a wider stop this early 9:38 SHORT APC 66.64 STOP 66.81 TGT 66.3 out +0.3 9:45 LONG SNDK 48.99 StOP 48.87 TGT 29.23 out +0.21 (allowed for big slip on the entry)