Well, today was the day when my account turned green! If you played any of the watches I listed yesterday, you would have made money. I played CHIC and GSOL. First, CHIC. CHIC had the most beautiful chart I have seen since I started trading in October. From the market open, CHIC started the ride [...]
Finally. Turned My Account Green.
November 15th, 2008 · 5 Comments · General
Watches for 14th November
November 14th, 2008 · 5 Comments · General
It was one helluva day for Market. 900+ point swing, 3rd highest swing in the history! Will it be able to continue tomorrow? I am highly doubtful. When market rallied 900 points on Oct 10, it opened up and went higher but closed lower for the day. And the very next day, gave away most [...]
Greed is not good ™.
November 13th, 2008 · 3 Comments · General
Gordon Gekko says Greed is Good. He forgot to say that it doesn’t apply to traders! JV is right. If you are up over 1$/share, you should cover. Yesterday, I was up by 384$ (1.28$/share) on my OPTR position. And here’s how I screwed it up today. Well, from 384$ profit to 68$ profit. Anyway, [...]
Watches for 13th November
November 13th, 2008 · 2 Comments · General
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 [...]