Posts Tagged ‘SYNM’
Went To Cash
Took losses in the index shorts today. This market is rough, but can’t ignore the price action. I won’t be shorting it anymore until I see turn to the downside in my signals. Yes I’ve been trying to jump them. The difference this time around is that I’m not hanging around more than 1 day. …
Sell Signals and Covered Profits In Junk Portfolio
At the close both SRS and FAZ went on buy signals and now I see in the afterhours BAC did a secondary priced 10%+ lower than its close AND HPQ is lower in the AH. This might be a spot where I’ll look to get short again tomorrow and I’m not looking for armageddon either. …
Junk Portfolio Up 46.89% Since End Of March
My junk portfolio of GMO, BLDP, CRIS, SPPI, EVK, KLIC, SYNM is up 46.89% since the 3-30-09 market gap down open which is where I went in. If you don’t follow my twitter feed you won’t know, but I bought GKK (got stopped out for 4% gain, but it was a poorly placed stop. GKK …
Things That Worked, Things That Didn’t
I already mentioned last week about the great movers I sold too early. Tack on another stock I had in my account that I sold too soon. CPSL A couple things happened today. My index shorts got blitzed today. I ate an 8% loss on my RUT short and 4.4% on my NDX short. I’m …
COMPX Chart, SYNM Chart
COMPX is trading inside the box of glory. I just made the name up and I like it. The faded rectangle at the upper right is where longs and bears will get frustrated. Sideways congestion and then we we’ll know what happens after that. My guess is second leg higher. Congestion could be all of …
