Thursday, August 1, 2013

DTV support play

$DTV was a perfect support play, the stock gapped down exactly to support, I played it long and it worked nicely. If it broke 60 down and struggled to go up, this was a perfect short.. but it worked long.. this is how you change your bias depending on what the stock does at that moment.

PG long

$PG long did not work as I had expected. I liked it a lot above 82, but it just is stagnant and is not moving at all. I made little on this. Still like it above 82, but will not get in.

CBS long

$CBS - played long close to the reversal time of 10am. Added heavily to the position. This is not a very ideal play since the 1st 5 min was broken. Played it very tight and got good money on it. This would have been ideal if the 1st 5 min low was not broken.

Gappers July 1, 2013

GAP UP- $PWR$PHH$CTRX$NUS$PG$ALL$LNC$RKUS$CTRP$THOR,$YELP$TRLA$PPC$CBS$LKQ$COP$PCYC$WFM;

GAP DOWN - $ROVI$DTV$VPHM$ADP$IRM$MT$LRCX

Wednesday, July 31, 2013

HES long

$HES, called out at 9:32 and entered half position, added to position above the small consolidation as shown on chart. Exited when I got over 5R on this trade.. awesome play.. done for the day

Gappers July 31, 2013

GAP UP - $SODA$HBI$SYMC$HUM$INVN$MA$FTNT$CMCSA$GRMN,$QCOR$HES$AGN; DOWN - $DLPH$RVBD$PSX$ACAS$AMGN$NCR$SO