{+++}It was a bad day for the market, the Bank of America rally lasted a little past lunch like I thought and not only went out with a whimper but with a thud. The financials died and rolled over, GS iopened higher and faded hard, AXP snapped from a beautiful bullish pattern and many others gave it bacl including WFC and PNC, two names that I traded short today.
VMIN was a beauty breakout for us today, especially in a down market. The stock caught an upgrade to outperform from Oppenheimer. TSTC ended flat but trsaded to more new highs first, The stock still looks higher and looks like it may be forming another bill flag, so it may need to trade sideways for a few days, we sold 2/3 and I raised the stop. GT rolled over a bit and I think it goes lower, probably $12 and then 10.
I’ve added a name to the sheets as a short. NAV. See you guys tomorrow.
| Date | Symbol | Long Price | Short Price | Stop | Action | Result P/(L) | Triggered |
| 9-24-09 | |||||||
| MCO | 23.00 | 22.00 | Covered 1/3
Covered 1/3 Stopped 1/3 |
+2.00
+4.30 +1.00 |
yes | ||
| MHP | 26.19 | 26 | Covered ½,stopped on balance flat | +2.00 | yes | ||
| NAV | 40.31 | 39 | Covered 1/3
Covered 1/3 Covered 1/3 |
+1.30
+3.00 +2.03 |
yes | ||
| QSFT | 16.30 | 16 | Sold ½, sold balance(10-13-9) | +.80
+1.70 |
yes | ||
| SIGA | 8.43 | 7.65 | Stopped | -.80 | yes | ||
| MELA | 10.50 | 9.50 | Stopped | -1.00 | yes | ||
| 9-28-09 | COCO | 17.29 | 18.25 | Sold ½
Stopped 1/2 |
+1.00
-.90 |
yes | |
| ZION | 17.39 | 19.00 | Stopped ½ flat | yes | |||
| 9-30-09 | YGE | 11.90 | 12.60 | -.70 | yes | ||
| VNO | 63.00 | 65.50 | flat | yes | |||
| XCO | 19.05 | 18.00 | stopped | -1.05 | yes | ||
| MHGC | 5.60 | 5.20 | -.40 | yes | |||
| 10-1-09 | CALI | 6.35 | 5.50 | stopped | -.85 | no | |
| CENX | 8.97 | 9.60 | stopped | +.50 | yes | ||
| BAC | 16.02 | 16.80 | stopped | -.78 | yes | ||
| AAP | 37.70 | 39.40 | stopped | -1.70 | yes | ||
| 10-05-09 | EXC | 47.78 | 50 | stopped | -2..22 | yes | |
| JEF | 27.60 | 27.90 | Sold 100% (10-13-9) | +1.60 | yes | ||
| TSPT | 14.35 | 13.70 | stopped | -.65 | yes | ||
| HIG | 29.05 | 28.30 | stopped | -.75 | yes | ||
| APT | 6.25 | 6.00 | stopped | -.25 | yes | ||
| 10-7-9 | FCX | 73.43 | 73.00 | Sold half(10-13-9)
Sold balance10-14-9 |
+1.78
+3.10 |
yes | |
| 10-10-9 | PENN | 25.67 | 26.20 | stopped | -.53 | yes | |
| NITE | 23.00 | 22.40 | stopped | -.60 | yes | ||
| O | 22.85 | 24.00 | yes | ||||
| STEC | 25.51 | 25.80 | Covered 1/3
Covered 2/3 |
+1.00
+3.50 |
yes | ||
| ARST | 23.59 | 24.00 | Sold 1/3
Sold 1/3 |
+1.20
+2.20 |
yes | ||
| FIRE | 23.43 | 22.50 | stopped | -1.90 | yes | ||
| 10-14-9 | HRBN | 19.72 | 19.30 | stopped | -.50 | yes | |
| UCTT | 6.95 | 6.30 | stopped | -.65 | yes | ||
| 10-15-09 | MS | 33.35 | 33.00 | Sold all | +2.00 | ||
| 10-16-9 | QSII | 65.76 | 64.00 | stopped | -1.76 | yes | |
| ACI | 24.22 | 23.20 | stopped | -1.02 | yes | ||
| 10-19-9 | MEE | 33.64 | 34.50 | stopped | -1.20 | yes | |
| BTU | 42.35 | 42.50 | sold | +.20 | yes | ||
| FSLR | 146.80 | 152 | stopped | -5.00 | yes | ||
| ABAX | 23.86 | 25.00 | Covered ½
Covered 1/2 |
+1.00
+1.00 |
yes | ||
| PPD | 40.12 | 41.50 | Stopped | -1.30 | yes | ||
| MCO | 23.14 | 25.50 | yes | ||||
| 10-22-9 | MCRS | 27.40 | 28.00 | Covered 1/3 | +1.30 | yes | |
| AMAG | 35.10 | 35.90 | yes | ||||
| TNDM | 22.92 | 23.40 | Covered ½
Covered ¼ Stopped 1/4 |
+1.90
+2.30 -.48 |
yes | ||
| BAC | 16.05 | 16.60 | Covered 1/3
Covered 1/3 Covered 1/3 |
+.80
+1.00 +1.50 |
yes | ||
| VMI | 75.70 | 76.70 | Covered ½
Covered ¼ Covered balance |
+3.00
+3.00 +4.00 |
yes | ||
| CMG | 81.13 | 83.00 | Stopped | -1.87 | yes | ||
| ROVI | 28,09 | 29.00 | Stopped | -.91 | yes | ||
| CCL | 30.60 | 31.60 | Covered 1/3 | +1.30 | yes | ||
| 10-30-9 | RTH | 90.00 | 92.00 | Stopped | -2.00 | yes | |
| ROST | 43.76 | 44.83 | Stopped | -1.10 | yes | ||
| NIHD | 27.25 | 28.25 | Covered ½
Stopped 1/2 |
+1.90
-1.00 |
yes | ||
| FWLT | 28.12 | 29.00 | Stopped | -.88 | yes | ||
| 11-2-09 | CYOU | 29.00 | 29.80 | Stopped | .-80 | yes | |
| YGE | 11.17 | 11.70 | Stopped | -50 | yes | ||
| JLL | 46.38 | 47.20 | Sold ½
Stopped 1/2 |
+1.30
-82 |
yes | ||
| XHB | 13.70 | 14.30 | Stopped | -.60 | yes | ||
| WFC | 27.40 | 28.20 | Stopped | -80 | yes | ||
| 11-5-09 | FUQI | 19.14 | 21.00 | Stopped | -1.86 | yes | |
| CMG | 87.50 | 89.50 | Stopped | -2.00 | yes | ||
| EXPE | 23.60 | 24.70 | Stopped | -1.10 | yes | ||
| AIG | 32.66 | 31.00 | Sold 1/3
Stopped 2/3 |
+4.00
+1.66 |
yes | ||
| MEE | 33.68 | 32.00 | Sold | +3.60 | yes | ||
| BEC | 65.50 | 68.50 | yes | ||||
| 11-13-09 | GT | 14.56 | 15.50 | yes | |||
| 11-18-09 | FCX | 85.20 | 81.75 | yes | |||
| AGU | 55.80 | 55.50 | yes | ||||
| 11-19-09 | TSTC | 13.80 | 15.00 | Sold 2/3 on 12.2.9 | +2.50 | yes | |
| 11-20-09 | ABAX | 22.30 | 24.30 | yes | |||
| 11-23-09 | POT | 115.53 | 111.50 | stopped | -4.00 | yes | |
| MOS | 55.40 | 55.00 | Sold 12/2.9 | +4.90 | yes | ||
| 12/3/09 | VISN | 10.46 | 10.00 | yes | |||
| 12/4/09 | NAV | 31.53 | 32.50 | no |