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From TradeForGain - view blog entries - visit this blogMay 6, 2008 at 5:18 pm ET
New Positions
One new long entry today, HW.
Closed Positions, Gain +8.7%
One position closed today, GIL.TO.
Open Positions
HW +1.4%, IRBT -2.4%, PDGI -6.1% ... ( more)
From TradeForGain - view blog entries - visit this blogMay 6, 2008 at 9:44 am ET
Oh well, decided to throw the towel on this one after the recent announcement. I expected a bit more from the Y! Board — taking my 9.6% loss, happy with it. ... ( more)
From TradeForGain - view blog entries - visit this blogMay 4, 2008 at 1:12 am ET
It could take time but MSFT will eventually come to the table, they are desperate. Gene Munster from Piper Jaffray said it all:
Microsoft Walks, But Some See Just Another Negotiating Ploy - “We don’t ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 5:02 pm ET
This has been on my most active weeks in a long time, thought I should summarize some of the activities and lessons.
This was a bull-week, if your too stubborn and didn’t cover your positions your ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 3:54 pm ET
This is a new system I’m starting to trade - I’m calling it "Sharp System 1" for now, it basically capitalizes on extended weakness - it trades mostly on the long side.
I will not ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 2:58 pm ET
Just watching the charts real-time on the deal… too funny, it’s getting pumped… my entry was at $27.85.
15 minutes chart - 2:55pm - one nice pop, look at that volume Mom! ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 1:48 pm ET
Microsoft will likely have to raise their offer to Yahoo, not much choice left there IMHO. I expect $34 as target, just a quick pop and I will sell it. If I’m wrong, STRICT MONEY ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 1:09 pm ET
Will sell the stock in 3-4 days max — short term speculation, STRICT MONEY MANAGEMENT RULES IN PLACE.
So far this morning: ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 12:13 pm ET
As per my market analysis post, I’m just taking profits off the table. This stock is very strong and I will get back into it. Other stocks I plan to get back into: TD, MFC, ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 12:07 pm ET
What an amazingly nice ride on the markets! I’m satisfied with the push. I’m taking some profits of the table right now as I think we could see a "short term" consolidation over the next ... ( more)
From TradeForGain - view blog entries - visit this blogMay 2, 2008 at 11:59 am ET
If you read my blog you probably know that I don’t usually short stocks but this one was too appealing given it’s recent crazy ride (cough! cough! short covering) but I think enough is enough…. ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 10:56 am ET
I know, I know, I write so much about this stock… I’m aiming for $85, that’s right. This morning I’m looking at two view of it, a short term Daily and a 15 minutes…
After ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 10:44 am ET
I have to refine my exit strategy as I feel I have been leaving too much money on the table. Let’s look at some recent examples (please search the blog for the specific entries).
Brookfield Asset ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 10:30 am ET
Any other volume clues? The CandleVolume chart below shows the volume is still weak on the upside (not too many believers yet)…I’d interpret as pure short covering at this stage (I would cover).
Let’s keep ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 10:19 am ET
The stock has been receiving many pushes to the upside on above average volume. The $64 has proven to be rock solid support, tested in late and mid April. I now see multiple attempts to ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 9:56 am ET
Short covering on the stock propelled it to the $51 levels. I locked profits this morning at 50.96 ... ( more)
From TradeForGain - view blog entries - visit this blogMay 1, 2008 at 9:10 am ET
The US Dollar seems to be gaining strength against the Canadian Dollar. The daily chart below shows a one significant FTD (Failed to Drop) pattern in March and a small one in late April (see ... ( more)
From TradeForGain - view blog entries - visit this blogApril 30, 2008 at 8:28 pm ET
This has been my best month ever so far in 2008, pleas see below.
My gain % of trading capital was 15.2% which is way beyond my monthly targets. My win rate was 59% which ... ( more)
From TradeForGain - view blog entries - visit this blogApril 30, 2008 at 11:46 am ET
Stock has been very depressed over many months, I see a trend change here and will try to capitalize on a move to $56.
Overbought/Oversold levels - still far away from being overbought .. ... ( more)
From TradeForGain - view blog entries - visit this blogApril 30, 2008 at 11:07 am ET
Pay close attention to these stocks, they are well positioned to continue upwards.
Acadia Realty Trust (AKR)
Shoppers Drug Mart (SC.TO)
Laboratory Holding (LH)
Manulife (MFC) ... ( more)
From TradeForGain - view blog entries - visit this blogApril 30, 2008 at 10:43 am ET
Closing TD Bank for now. I am not too comfortable with the small volume on the way up. Will get back when it pulls back and makes a higher high. I’m happy with the 1.3% ... ( more)
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