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

4/20/09:

11:33 500 SKF BUY 65.23
STOP 64.83
TGT 66.03

 

500 SKF EXIT 66.13
P/L +435.68

 

4/20/09

3:15 500 SKF BUY 68.30
STOP 67.90
TGT 69.10

 

3:31 500 SKF EXIT 68.33
P/L +1.40



Got within .06 of tgt.

 

4/20/09:

Total P/L +418.89
5 trades
2 wins
2 losses
1 b/e

 

4/21/09:

Tues: I will keep a short bias today, due to the indexes being up 6 weeks into a prior top.
I like GILD CEPH GENZ to the short side.
I also like the education stocks short: APOL CECO
If we do have any sort of strength, I have JNPR on long watch.

Good trading all!

 

Big boys know something that's not in the standard news: APOL down over 4.00 in pre market

 

4/21/09:

11:31 900 QLGC SHORT 13.93
STOP 14.07
TGT 13.63


partial fill

 

4/21/09:

1:17 500 SDS BUY 68.88
STOP 68.48
TGT 69.68

 

1:18 900 QLGC EXIT 13.63
P/L +254.71