Wednesday, July 7, 2010





a few minutes left in the day, time to take profits.


BGZ short
















cover BGZ













FAZ short


















cover FAZ

How I play rocketships


Often you will see stocks that rocket up or piledrive down. I usually wait for a pullback or bounce to get into them. If they continue to trend the original direction, I'll add some size and then look for a big move to get out on.
You also never know if a play like this will get halted, which makes it exciting.

VVUS in










VVUS out

Overnight hold



Held BP long overnight

BP entry

















BP add, then exit