Sucked:
Not being on board for this:

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?

If you like this post, check these out too

• April 18, 2008 -- What Worked and Sucked Today 4182008
• April 18, 2008 -- Midday Update
• April 16, 2008 -- What Worked and Sucked Today 4162008
• April 9, 2008 -- What Worked and Sucked Today 4102008

Thanks for reading

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