What Worked and Sucked Today 4182008 Did The Market Bottom?

Home / Alternative Energy / What Worked and Sucked Today 4182008 Did The Market Bottom?
April 18, 2008

Sucked:
Not being on board for this:
WOW What a day for this strike

Essentially my 3-4% loss in AKNS caused me to lose the trade above or something similar.

Worked:
Being long heavy in the NDX and RUT. 3.4% and 3.7% respectively. Out @ 76.88 was in @ 71.44.

GOOG – Took 17% gain on the overnight trade.

JOYG breakout. I sold the breakout to raise cash for some new buys on Monday.

CPST – Sold with a great gain today of 10%. It might not happen, but a pullback to about 2.7 would be great and I’ll go right back in. I now do not have any CPST shares.

DAR – Sold my DAR positions today taking advantage of the recent run. Took a 20% gain and will look for a pullback in this name. Sold DAR in another account for 24% today. I now do not have any DAR shares, but will be a buyer on a pullback.

WFR – Up less than 1%, but I like the way the chart is setting up.

KOL – After todays move my KOL trade is up 6.3%. Thats a new 52 week high for KOL.

I held my index longs in full looking for a bit more up on Monday. An amazing trading week for sure.

My analysis has been spot on lately and I’ve been racking up some of my best gains ever over the last two months making up all my losses from the November period where I trashed my accounts being a nincompoop. Did you see CAT‘s breakout today? Sheesh.

There might be some international market rotation in the coming weeks. ie Emerging markets will start to roll up while US markets consolidate.

If the market has bottomed what’s your best trade right now?




Related Posts

These Are The Big Trades That I Scored and Screwed Up On
Leveraged ETFs, Leveraged Funds, Stock Market Charts, Trades
I play basketball on Tuesday’s so my posting tends to be late on these days. Welcome new feed readers and twitter followers. Right near the...
Midday Update
Alternative Energy, Trades
Sold: AKNS @ 7.51 which was a great move considering its down to 7.15 now. Took about a 4% loss on this forced trade. I knew it was bad the moment I...
What Worked and Sucked Today 4182008
Alternative Energy, ETFs, Leveraged Funds, Nasdaq, Solar Stocks, Stock Comments, Trades, What Sucked Today, What Worked Today
Posting this 2am my time. Such dedication. Worked: CPST broke the 3 dollar level. Closed up around that range. New 52 week high. I profiled CPST on...
Midday Update
Alternative Energy, Solar Stocks, Trades
Bought: AKNS @ 7.88 a little bit of a rushed trade. I should’ve saved the powder, but Solars were and are running today, but AKNS was not. I...