Tuesday, November 24, 2009

+0.80 points, +3.52 R, Grade A

2 trades today, short PC makers.



Shorted Dell at the open based on the daily chart as well as HPQ earnings bad for dell on a fundamental level. Closed at the end of day.




HPQ had a gap down at the open after good earnings. Shorted when it broke the 1st 5 min bar. Held it while the market was getting weak at the same time. Closed when market started bouncing. Did not want to hold this short as the fall was rather quick and heavy and too early in the day.






0.80
3.52


Enter Exit Stop P/L points Initial risk R Date
short HPQ 50.55 49.96 50.78 0.59 0.23 2.57 1124
short DELL 14.53 14.32 14.75 0.21 0.22 0.95 1124









































4 comments:

bl said...

Nice and quick and early and you made profit! Can't ask for much more.

traderstewie said...

fantastic blog!!

Addict said...

thanks

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