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

4/07/09:

Tuesday A.M.

I will keep the short bias on many stocks and overall on the indexes. Individual stocks are much more extended than the indexes.
Short Watch: AAPL ADSK APOL(weak) EXPE FAST LAMR

With a gap down it may be alittle harder to get an early short. That's why I like a gap up on a stock that is extended. I may have to wait for the 1st lower high to short (like AAPL) or, if the indexes base for the 1st few bars short once we begin to break down.

 

So where are you standing at the moment? How is the result after 3 months of trading?

GL,

K.

 

K, So far things have been OK. Last week set me back alittle bit though:

Week Ending 4/03/09 Totals:
P/L -669.37
21`Trades
6 wins
15 losses


YTD:
P/L+ 12,178.61

77 wins
83 losses
8 b/e

win % 48.2
Ratio: 1.80

 

good job, geez! Seems to be working pretty much as planned.

K

 

4/07/09:

9:45 400 AAPL SHORT 115.90
STOP 116.40
TGT 114.90

 

4/07/09:

10:01 440 LAMR SHORT 13.48




partial fill, I may try and swing this trade. Not sure how to handle this one.

 

10:08 400 AAPL EXIT 114.88
P/L +394.23

 

putting stop at 13.80 and going to try and swing this (or take it for a 1.00 gain today!)

 

I did a double-take when I saw that the PE for lamr was 133.20.

 

4/07/09:

11:58 700 AAPL SHORT 115.01
STOP 115.31
TGT 114.41