Great job, Bob! Although, I'm a little disappointed you are still posting. Have one of your boys change your password!
AIG gave us Lamborghini, condo in NYC and lots of money supporting the orphans... it's our darling stock ... same as BID... donating lots of $$$$$$
just like taming any other beasts ... u gotta give him tender loving cares!(have u seen the lion called christian and his adopted parents? when they met again in africa after many years apart...he run to them and kissed them...oooooooooh...he made me cried... sometime i really do think beast is better than human because some people don't even talk to their parents when they grown-up. okie! to be able to tame this stock or any other stock ... first u must be very good at T.A and F.A and do lots of research on that stock and on the domestic and international economy related to that stock...H-F trading and always have 1st-hand info on that stock ..calculate the risk/reward ratio and the reward must be much, much bigger than the risk! The trader must posses high I-Q and E-Q...must be "open-minded" just follow the flows ... up or down .. the trader must be cool and steady ... strike hard at the target and you tamed the beast! Sounded easy huh?
Missed more than one by less than five cents today Not a lot of fun to watch a setup come within a few cents but I stuck to my guns and was in the end rewarded for doing so. I probably could have just passed on IMAX but the other trades where great from start to finish. I would still give IMAX a passing grade and it was not bad it was just that IB ran out of shares to short and that greatly increased my risk so I exited right at the price it was trading. IMAX + 55 CLNE was scalped and a little more than scalped for most of the gains. I did finally make target but at that point I did not have many shares left as the time was approaching the close. I am glad I did exit when I did has the price made a final push higher (before falling back again) during the last half hour. I would have most likely stopped out at a lower gain. I would not rate it as âgood as it getsâ but I would be more than happy if this type of price action fell into my lap everyday. B8 + 304 BYMB MW1 + 41 NTRI was a nice trade. shorted during the first move above 17 and caught the retrace pretty close to as much as I could ask for. This stock has been beatup pretty bad so I didnât try to push for larger gains with this low priced stock. MW1 + 106 + 508
Slow day even for a Friday. Very little going on today. I did make a couple of trades but I also lowered my size at the entry point so I could add heavy if there was any carry through. As it turns out there was none. I hit the top of the move in both cases and my day was done within 45 minutes of starting. I had a couple of trades that I âwantedâ to take but where outside the rules of entry at this time so I passed ARO Gapup + 31 SVU MW1 + 36 + 67
Only one trade today My one trade was PVH and it didnât take more than half an hour today. It was a gapup that I was able to get full target along with some scalping. It did fall further than my cover price but I was very happy to have an excellent setup like this on a day when the market was mostly lower. I also had a couple of close ones that âalmostâ made it but otherwise it was an uneventful day. PVH BW + 320 + 320
One nice open trade and an IPO today All in all another day of sideways action. The SPY moved up a little bit but nothing to get excited about. ONXX gapped up and I faded the move with small size and was able to capture a gain. + 119 FNGN was an IPO today on its first day. GS was a lead underwriter and it became pretty clear that they meant business when they started changing things like the timing of the open and the price. With as much pressure as they have been under lately to justify their costs and with MS nipping at their heels I expected FNGN to not close under 15 today. This is not a signal and falls into discretionary trading so I kept the size at 100 shares in one trade and 200 shares in another. I had no idea how well this stock was going to do when I took my gains and found that I was leaving more on the table than I took. My first buy was under 15 which I closed out with a nice gain and then I bought again at 16.03 on a retrace but closed that out way too soon when viewed from hindsight. I did well in that I made the goal I set so no complaints. + 138 BSX + 4 + 262
Slow but fun day Not many trades today and nothing after the open. I did have a friend stop in and watch the opening action so that was a pleasant change for my normal solo opening trades. ABII Gapup BW1. Went well and was able to trade it twice getting target both times. Traded small size on both trades. + 404 JACK BW1 only 100 shares but did well with this trade. + 46 MDCO another BW1 that was found a little late and at a better price. I increased the share size by a small amount and ended up doing well with it. I was stopped out with a trailing stop before it fell and hit my target for the final shares but happy in that I hit the short at the peak of the move. + 207 + 657