Tons of huge gainers here,all at least 25% Friday:
DSL WB HSWI PMI TSTR CORS NCT HTM MCGC MEG MDTL OPK LCC XL MKTX PNX FBC VRS SUF AEZ LNG CRBC BFRM GBNK GHM DYN WCBO DSCM ICO GPK CT NEWS JAV PCBC ARQL RSO CBG OWW CITP MOVE .
Only DYN from this group has more than 1 green day in a row,going from 2.17 to 3.75 in 3 days.
Failures (short watches that closed green) from Fridays watches are:
PPC FORSY DYN YRCW TIXC
Thursday's overnight shorts worked fairly well
ISSC down 5% to 6.76 from 7.05 entry
PPC up a few cents to 3.63 from my 3.90 entry
DCGN down 18% to .36 from my .47 entry .... decent 24% so far short
The best was my overnight LONG on FBR.
I rarely hold any longs overnight but when you feel you are 90%+ sure on a trade,well....
Worked perfect, a .51 entry with a Friday close of .82 with a hod of .88,can't ask for more than that on a trade I really could not see failing.
Subscribe to:
Post Comments (Atom)
6 comments:
do you think the dayranger screen will work this week? I'm looking for long ideas incase we bottom in the market. I've noticed the dayrangers don't do well in a bad overall market.
Hi Muddy,
You said, "I rarely hold any longs overnight but when you feel you are 90%+ sure on a trade,well...."
What makes your feel so sure that you can hold o/n? Teach us the trick. Thank you.
Anon,
If you read www.GreenOnTheScreen.blogspot.com you'd notice that Muddy has over 40 years of experience. If you're looking for a trick, then trade for a few decades and I'm sure you'll pick it up.
In addition, this entire blog,"The Dark Side of Trading" has a lot of lessons in each post. You need to piece it all together. You should put at least a little more work into all of this and not expect a magic formula.
See you in the chatroom.
Cheers,
-B
anon said...
I've noticed the dayrangers don't do well in a bad overall market.
**********************
Dayrangers aren't just for long plays....
running scans for shorts tonight is a nightmare! haha over 1,000 8% gainers. DYN, ASIA, PNX all multiday gainers. ASIA looks to be down afterhours.
Scanning for shorts tonight is nuts!
Post a Comment