Monday, April 27, 2009

Market Wrapup

I am very unimpressed with the tiny selloff today and I think we got higher. I held all my positions and didn't sell anything, nor did I added to shorts. Ill be back later.

3 comments:

  1. You straight out nailed the ACO trade. I bought at open added more at resistance and sold 80% at $20.50 for a nice 7% day gain. Thanks RF for the charts and the money.

    ReplyDelete
  2. NICE JOB!

    RF- I CASHED OUT OF THE LVS TRADE FOR +$0.78 GAIN, NICE CATCH. I SCALPED SOME OF THE BIOTECHS AS WELL FOR TINY GAINS. NICE TRADING IN DELL TOO. HPQ WAS DOWN WHILE DELL WAS UP, A LITTLE ODD? YOU MAY HAVE GOT ME ON THAT PICK. I THINNED MY Q'S DURING THE DAY AS WELL. I WOULD BE CAREFUL WITH UA, THE SECTOR IS VERY NICHE. LOOK AT COLM EARNINGS, Q1 EPS DOWN 65% AND THE SHORTS DESTROYED IT.

    ReplyDelete
  3. Thanks anon.

    IMAKE
    Nice on the LVS trade, i knew i could convert you lol. I am a big believer in dell, HPQ is a good firm w/ good management but Michael Dell is pissed and is ready to take names. COLM got smoked but I like UA. You make great points however, I will consider.

    ReplyDelete