Sep 11, 2009

Friday's trades

Today presented a lot of opportunities early on that worked out well and it seemed like it was going to be a very good day. Unfortunately, the wind behind the early bullish sails completely collapsed... as did my profits. I watched half my profits slowly slip away but I was fortunate to scale out at the right time to end the week on a very solid note. I went long on all stocks: MGM, COV, CLF and TXT. I hesitated on JBHT (long) and BRC (short) and those went on to do very well.

Below are a couple charts and I hope you all have a good weekend.

1 comment:

bl said...

30" charts <$10: tiv nuro wres ta yrcw axl cvgi mni edap lng io brnc eroc mot chln mtg. WOW!!! If a stock really wants to go 30" charts can be very helpful.