Week Feb 16 performance update.

Here is a spreadsheet of my week of Feb 16 trading ideas performance. The one on the left side are the percentage Gains/Losses from Feb 12 Closing price to the week highs and the one on the right side are the percentage Gains/Losses from Feb 12 closing price to Feb 19 closing price. Not a bad week!!

(Click to enlarge image)

Overnight Positions

Long WAVX

Trading Ideas for week of FEB 16, 2010

Watch my Charts in Slide-Show form.

LONG SETUPS: ACLS CNXT GNVC INCY ISR IVAN MNTA NENG PIR QUIK SOMX WAVX

ACLS


CNXT


GNVC


INCY


ISR


IVAN


MNTA


NENG


PIR


QUIK


SOMX


WAVX

Trader Game

@Weeklyta introduced me this chart game from www.chartgame.com

Here is my score: Day 1 - Day 69


See how good you do..

GOING HOME!

Back in town tomorrow! I got some serious picks for the week of FEB/15 (I will post them tomorrow or before Tuesday US market open.)These picks are going to be truly EPIC. So STAY TUNED!!

In the meantime, I please read this post:

Insufficient Trader Training by SMB Training

Adios Amigos! (See you next week)

Going out of town for the rest of the week!

Happy Valentine's day.
Happy Chinese New Year.
Happy Mardi Gras. (ConGratz Saints)

Super Bowl XLIV in 6 minutes

OIIM SETUP

OIIM



Might need more consolidations but it looks ready to take off.

AIG Setup

SHORT(Small test position only)



Betting against a huge spike with volume might not be the best idea. However, Shorting $AIG at the resistance and 50MA shown on chart seems like a low risk bet.

NXTH SCAM STOCK

This is a pump and dump stock(SCAM STOCK) but all I care is if it can make me money or not.
In at 1.85 with tight stop below 50day MA.

OXM SETUP

GTLS Short SETUP

SHORT:



Going out of town this week, so I won't be trading much. I Will update blog whenever possible. Good Luck All.

OVERNIGHT Positions

$NEP from 8.50
$IVAN from $3.30
$EPXU from 0.19

Dow revisit 10000 again

Keep your powder dry and wait for better times to reload.

MHR Trade

Shout out to my Brotha @kunal00 alert me on this one.

IVAN Trade WINS!!

IVAN Premarket Alert


IVAN Closing Price

CPE TRADE

Yesterday before close I held $CPE overnight for gap up play but that didn't happen this morning instead I sold it for a loss. However, I did a quick trade in late afternoon trading and bought the stock right around yesterday's High $2.83-3.839 for a quick scalp. I sold 3/4 of my position and planning to hold my remaining 1/4 position overnight just to see what happens tomorrow.

IVAN set up

Gap up play.

Overnight hold : $CPE

Swing Trades

Long $NEP (stop below 50day MA)
Short $AM (stop 18.45) for now...