Sold AMZN

Just sold AMZN a few minutes ago. I wanted to hold it over night but the stock showed a change of plans. I got out at 88.20. It started acting weird, bid and ask started getting jumpy, momentum seemed to slow down, the QQQQ's looked to be reversing as well as volume picking up for them. TWM started gaining on good volume. Seemed like a good decision at the time. It'll probably rally more but whatever, it was a good trade and I'm happy with my roughly 4% gain.

 

I missed the sell off this morning. I wanted to go short but I missed my entry and so I kind of waited around and watched everything go down. Then we flattened out and seemed to form a double bottom and I knew we'd rally again. I mean, everyone over reacted so hard to the news that came out and it just made sense that we'd bounce back at the end of the day. AMZN seemed like a good candidate to ride the bounce back.

 

Sold TWM- Break Even

I basically liquidated my portfolio this morning. I noticed that CHNG and WIND kept falling and falling right at the open like a lot of stocks and I didn't know why they weren't being sold (stop orders). I go to my orders section to double check what prices I set for them and my orders aren't in even que! I put in Day Orders and not GTC. I was so pissed so I sold both CHNG and WIND because I didn't want to lose any more money than necessary.

 

I then put my focus on what I had left, TWM. It's a short fund. Since I can't officially short stocks I buy short funds to make it work. I was more patient with this one. I sat back and watched the action. I compared TWM with the QQQQ's, watched the volatility index, watched all the market indexes, watched the other short funds. I sold because all the market indexes were basically just under break even point, volatility made a new high but quickly cut itself in half, volume was picking up on the QQQQ's so I got out of TWM at 67.54 roughly a 4% gain. But the gain I had on TWM basically offset the losses I had on CHNG and WIND. Back to square one.

 

Green arrow shows my entry on Friday and Red arrow shows when I got out early this morning.

 

Sold USU

This was my last position on my old style of trading. Wasn't working out anyway. Sold at 8.75

 

Sold LOCM

Got out of LOCM. It was part of my weird ass style and I've changed my ways so I wanted to get rid of it. Plus it was acting weird. Exit price was 6.75

 

 

 

Sold CWTR

Another fizzled out stock. Didn't like the way it was acting along with JDSU so I sold it before it got stopped out.  Sold at 10.98

 

Sold JDSU

Wasn't working out. It was a bad stock to begin with. It had a nice run which got me interested but the volume wasn't there. I think I'm just getting frustrated. I've either sold or been stopped out 12 times now. I forgot what it's like to see a stock actually bring a profit.

 

Got out at 15.90 Again, another stock that fizzled out.

 

The gap in the price is because QT crashed on me and had to restart.

 

Sold CHNG

I bought CHNG for my IRA mid last week I believe at 7.50 and sold it a few minutes ago at 9.00 A nice 20% move which is good because I took a huge hit about 6 months ago (lost about 40%, long story haha) and I'm trying to get it back. The chart below might look a little confusing. It's a 3 day intra day chart on a 3 minute interval. Red lines are resistance levels. Green box on the left was my entry and red box on the right was my exit. I didn't take intra day entry and exit snap shots as I wasn't planning on putting my IRA trades here but now that I have, I'll start doing it.

 

Reason why I bought CHNG was because over the summer it had a huge spike and I was trading the spike for about a week and made a killing. All I know about CHNG is that it's a Chinese Oil company or something like that. Since we've been having this huge China boom lately I thought I'd go back and pick this stock since I knew it was Chinese and it provided nice gains in the past and it's obviously worked out well for me. I'll probably be buying this again if it comes back down.

 

Sold STKL

Just got out of STKL, turns out it wasn't as good as it looked. No big, I didn't lose any money so that's good. I'll start looking for the next opportunity probably later tonight.

 

I sold at 13.95 I had a chance to get out at 14.00 but my internet connection dropped and I missed it right as I was filling in the order, I get a "connection cannot be completed" lol.

Sold AAPL

I have a Roth IRA on the side I make trades in with a longer time frame (about a month). I bought AAPL at 128.45 on 8/28/07 and just sold it about 5 minutes ago at 141.80. In good time too as the stock fell pretty good right after my order went in. Here's a 1 hour intra day chart of AAPL I just took. Orange circle represents when and where I sold. I don't have any plans as far as trades again for my IRA but RIMM, GS, and ZNH come to mind first,