Tuesday, March 31, 2009

WHY I LOVE SHORTING INTO FAST/WICKED SPIKES

In one word,FirstCity Financial,ok 2 words but.....

FCFC,just look at that spike around 12:27 p.m

[Tue Mar 31_12:27:11 PDT 2009] Muddy FCFC whoa
[Tue Mar 31_12:28:13 PDT 2009] Muddy Symbol: FCFC Availability: 55′000
[Tue Mar 31_12:28:48 PDT 2009] Muddy right off 6 short
[Tue Mar 31_12:29:45 PDT 2009] Muddy FCFC under 5
[Tue Mar 31_12:30:50 PDT 2009] Muddy FCFC under 4
Tue Mar 31_12:31:34 PDT 2009] Muddy supa short FCFC!
[Tue Mar 31_13:00:43 PDT 2009] Muddy FCFC 3.22/3.30
[Tue Mar 31_13:01:06 PDT 2009] Muddy FCFC wouldnt doubt goes under 3 soon
[Tue Mar 31_14:58:40 PDT 2009] Muddy FCFC ask 2.83…still in s/s
[Tue Mar 31_15:10:35 PDT 2009] Muddy FCFC 2.05
[Tue Mar 31_16:00:26 PDT 2009] Muddy 1.89 FCFC

Yup,from near $6 to a close under $2...that's why I love those fast/wicked spikes

P.S. the TEN spike at 2:44 was no junker either,from 1.54 to 1.95 in 2 mins,this one came right back down into the high 1.50's 40 mins later

2 comments:

islandminister said...

And THIS is exactly why I'd rather be trading during the day! What a great tank!

Anonymous said...

yeah I hear you,much easier glued to the monitor...funny cause FCFC spiked fast to 3.50 again today around 10am,then fell