Friday, July 9, 2010

sold APC
sold RIG
pretty choppy



short ANR




















cover ANr
















short TNA


















cover TNA

might be something happening in the gulf
bot APC

















covered RIG and long again


bot RIG after my stop out


















sold it and short again

RIG short



















stopped out of RIG

Staying with it.



From yesterday
If a stock is displaying good trading action, I like to stick with it and see if it keeps on giving.


RIG entry













RIG exit














2nd RIG entry as it moves above previous high point

















RIG exit
















RIG showed doji on 15 min chart as well
















shorted and covered as it fizzled out close to end of day

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