What an amazing slide in the market today. StockFetcher tells me that there were 2150 stocks which hit their 52 week low! I think there are bound to be some good bounce plays in that. But these days, I don’t really like LONG setups, so I did not bother going through that list. Anyway, here [...]
Watches for 13th November
November 13th, 2008 · 2 Comments · General
Trade Updates for Beginning of November
November 6th, 2008 · 2 Comments · General
Last time, I posted about my successful trade with HSNI and un-successful trade with ABK. Since then, 3 trading days have passed and here’s what I did in those 3 trading days. On Friday, I was watching SPAR. I was watching Google Finance and saw that Sun Microsystems (JAVA) announced their earnings and reported big [...]
One Loser. One Winner.
October 31st, 2008 · 8 Comments · General
Last week, I was extremely busy because of my day job and could not trade till today. Even then, every morning I would get up, watch the chat room and see if I could find a quick opportunity. As usual, there were great alerts in the chat room and people were making money, I wasn’t [...]
Trading Sideways on Oct 20th
October 21st, 2008 · No Comments · General
As I posted yesterday, I was watching following stocks. ABK, DAL, NWA, FCF, FULT. First, ABK. As I was expecting, ABK was moving up on a good volume in pre-market. It hit 4.07$ and went down. I decided to get out of ABK knowing that it has tendency to drop in first hours of trading. [...]
Watches for October 20th
October 20th, 2008 · 5 Comments · General
After cutting some of the risk in my ABK position on Friday, I am looking forward to tomorrow and see how it moves. I am going to watch pre-market closely and if I can get a price above 4$, I will sell the remaining 100 shares I have. ABK generally has a tendency to drop [...]