Monday, August 26, 2013

QIHU short

This is how I played $QIHU short. I started early with a very small position giving it enough width to wiggle. Added when it did not hold 80 and closed quickly when it crossed 78... nice profits

Gappers Aug 26 2013

GAP UP - $POT$MOS$EXPE$AMGN$BTU$DDD$ANR$QIHU$NTES$ALXN; DOWN - $KRFT$TSN$CTR$NWL$APC

Tuesday, August 20, 2013

TJX long

Played $TJX long, expected it to go to prior high of 53.6 but when it went down, I took my profits.
Got in nicely with a very good position at support. Was a nice gap play.

HD long

I played this long from 75 support, entered a bit early with 74.5 as stop (prior low). this played out well, but the 2 bars fell very quickly taking some of my profits, else was up big on this since my sizing was very good.
Such bounce plays are generally short lived so you have to trail it very tight and exit as soon as you see weakness...