Friday, October 5, 2007

CRDC (revisited)

Well when CRDC was @ the 13.30 level i decided to set an hard exit @ 14.70 well it started moving up soon afterward and sold me out, that was the last good move I made. Let me explain next I set an entry @ 13.80 for an equal sized position it held that level for minutes then broke down so as it moved down I entered an order for a small bit more @ 13.11. You know the rest.


Very volatile yet very promising.

CRDC

Long @12.40, speculative entry.


Let me add this is a news driven trade for me, yes there is strong momentum, if their product is successful this stock WILL FLY even further.

yesterday

I had to leave unexpectedly yesterday and did not return until late. No time to review charts or trades.

Jobs #'s out this am.

Looks like a Bull today!

Thursday, October 4, 2007

trades

Lost half my shares of RADS, stopped out.
GTI breakout, late entry , hold for now

Order for a small position in MPEL @ 16.50 level

NTAP

Watch NTAP today and tomorrow for an upside DAYTRADE.

CHINA the stock

CHINA is up in the pre-market I will continue to hold unless it provides me an exit in the $9.00 range today.

Wednesday, October 3, 2007

Today

Picked up some RADS just before the pullback off the 16.95 level.
BLL went long on a small position.


Still holding CHINA as it retests the 7.50 level, had an order for more @7.48 but pulled it just before execution.

Watching MPEL closely best entry would be around the 16.50 level.
GRMN pulling back will watch this one for a recovery.


I'm not going to get too aggressive until more buying pressure returns.

DRYS

Has more downside however I covered for +2.21

No shares

There are no shares available to sell short in CHNR.

?

Don't really know when the correction will come, the bulls are holding this market up though.

EMC

Sold it break even.

HUM

HUM showing some stregnth
CIEN showing strength


CHNR,,,,,,,omG

Do not

Do not be fooled by the initial effort of the dip buyers, this market has run extremely well, the trapped traders will look to sell on any move up.

Opportunity's are in the making, give it some time though.

Stocks

The Gaming stocks are getting whacked pre-market WYNN, LVS, MPEL.
Tighten stops on stocks that you might want to protect profits on.

Tuesday, October 2, 2007

Trades

Jumped back into EMC @21.22
Bought CHINA @7.88 and I will hold it through any test of the 7.50 range.
Short DRYS near the close, it's a little if'y though.


NAHC may be coming up off the bottom.
ADSK near the breakout level.
CIEN had a nice day.

DRYS

Took a small short position into the close. This stock is still on fire so my hopes for a quick trade are limited.

DRYS

Took a dollar on the short side off the 99.30 level. It may have some more downside in it I'll return later today and look at it again.

Random

After the low volume rally yesterday it looks like a mixed bag today.
Tons of setups forming. Stick with the stocks already moving for your daytrades, many traders who were poorly positioned for Monday's rally may try and chase the early dips, I may try and enter some counter-trend trades and other continuation trades today. Way too many to list right now.