What Worked Last Week 472008
Last week was a great trading week. Almost everything was profitable.
My index trading which basically consisted of being long, and trimming a little then throwing it back to the long side on a down day was good for around 12%. Maybe more, pain in the butt to calculate at this hour.
Worked:
CPST, YGE, LDK, POWI, DRYS Calls, TBSI, CAT, AMAT, DAR, JOYG, GILD, GILD Calls (However, it sucks too).
Sucked:
The over the weekend trade in ABAT from last Friday and then it dropping 14% on Monday.
VLO because its been acting like crap then it decides to pop.
The GILD calls. Well the GILD calls made money In @ 2.25, out @ 2.46, I pegged GILD as a swing trade and I played the options short term. That was a trading mistake. I had good technical reasons why GILD would move higher. The call options I got out @ 2.46 are now bidding @ 3.7 or 64%.
