This was a big month trade. It popped up nearly two points in after hours last night and the same in premarket. I was hoping to get short around 32.00 when it popped just before the open. I could only get 200 shares off. After the open and the stock falling below 32.00, I moved my stop to 32.15 to lock in some profits and two seconds later, I was stopped. I should have been selling more there.
The second trade here is were I saw the chemicals beginning to move so you buy one of the laggards. I got out too fast. Crap.
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The numbers:
Stocks: Gross + 102 net +95 shares traded 1400
Stock futures: none
Forex: none
3 comments:
Hey wasn't this the Cramer pump last night. Oh...yeah the Cramer affect. I would agree on the move. I don't do shorts but if I did that would be a place to start.
I kind of cringed when JC mentioned EMC last night too. I liked it last week and was already in. Now I don't want any Cramer affects to take away from my gains.
Have a good weekend.
Hey! I just came upon your blog from Trading Goddess's blog. Good stuff! I will definitely add you to my RSS!
Good luck on your journey!
-Terra
www.BetterForBusiness.Com
Yes Jade - it is a Crammer pump. Whenever you se on my blog - big mouth stock - that is what they are. I love trying to short them. I will at some point write on TG my method of madness for them. Terra - thanks
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