Thursday, July 29, 2004
click for QQQ1 chart
7/28 Griffey, a chat room member, used Aug 34 put options on the QQQ for an intra-day trade that turned a 30% profit. Look at the chart for details. "Fibmaster taught me how to do it and I couldn't be more thankful. He really knows his stuff". Way to go, Griffey!
Posted by Admin @ 05:37 AM PST [Link]
Tuesday, July 27, 2004
click for MCDO chart
7/27 We were short MCDO from 7/19 at $30.70 EOD. On 7/21 we exited the first half at $27.80 for +2.90, 9.4%. Today, Fibmaster issued an intra-day alert to exit the 2nd half at $25.59 for a gain of +$5.11, 16.6%. (EOD traders would exit at $25.89 EOD). Average gain for the trade is +$4.00, 13% in 6 days! Now that's a nice trade Fibmaster!
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Posted by Admin @ 03:59 PM PST [Link]
Sunday, July 25, 2004
click for LAMR chart
6/23 We were long LAMR from 7/20 at $41.70 EOD. Today, with the TRSI closing down, we exit at $40.47 EOD for a loss of -$1.23, 2.9%. Another case of whipsaw as the market tries to make up its mind. Better to take a small loss than a big one.
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Posted by Admin @ 07:19 AM PST [Link]
Saturday, July 24, 2004
click for PETM chart
7/23 We were long PETM form 7/15 at $31.57 EOD. Today we close the position at $30.50 EOD for a loss of -$1.07, 3.4% with the cross down of TRSI. (If you missed the exit on 7/22 you would be stopped out 7/23 at emergency stop, $30.25 for -$1.32)
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Posted by Admin @ 06:02 AM PST [Link]
Thursday, July 22, 2004
7/21 We are short MDCO form 7/19 at $30.70 EOD. We exit half of our position today with the cross up of TRSI on 30 minute chart at $27.80 for +2.90, 9.4%. A great two day trade! More thanks to Fibmaster!
Posted by Admin @ 05:45 AM PST [Link]
click for UIS chart
7/21 We were short UIS form 6/30 at $13.88 EOD. (On 7/9 we exited half at $10.87 for +$3.01, 21.7%).
Today we exit the remaining half at $10.34 with TRSI cross up for +$3.54, 25.5%. This was a two week trade! Thanks Fibmaster--nice trade!
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Posted by Admin @ 05:32 AM PST [Link]
NXTL
7/21 We were long NXTL form 7/19 at $25.86 EOD. Today our emergency stop was hit, $24.75 for
-$1.11, 4.3%.
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Posted by Admin @ 05:17 AM PST [Link]
Wednesday, July 21, 2004
click for GLDN chart
7/20 We were short GLDN from 7/1 at $27.16 EOD. (We exited half on 7/19 at $25.08 EOD for +$2.08, 7.7%). Today we are closing the remaining position at $26.00 EOD for +1.16, 4.3%.
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Posted by Admin @ 04:32 AM PST [Link]
click for SEPR chart
7/20 We were short SEPR from 7/6 at $51.41 EOD. (We closed half on 7/16 at $49.92 for +$1.49, 2.9%). We are closing the 2nd half today at $49.67 EOD for +$1.74, 3.4%.
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Posted by Admin @ 04:25 AM PST [Link]
click for CPB chart
7/20 We were short CPB from 7/2 at $26.67 EOD. It spiked against us today crossing the TRSI and 3x3 so we exit at $26.38 EOD for a small gain of +.29, 1.1%.
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Posted by Admin @ 04:18 AM PST [Link]
7/19 We are short GLDN from 7/1 at $27.16 EOD. After hitting our 1st profit point today we are taking half off at $25.08 EOD for +$2.08, 7.7%. Nice profit in 12 days!
Posted by Admin @ 04:02 AM PST [Link]
RCL1
7/19 We were long RCL from 7/14 at $43.10 EOD. With the cross down of TRSI and 3x3 today we exit at $48.82 EOD for a small loss of .28, 1%.
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Posted by Admin @ 03:54 AM PST [Link]
click for PG chart
7/19 We were long PG from 7/9 at $54.72 EOD. With the cross down of TRSI and 3x3 today we exit at $54.72 EOD for break-even (-.04).
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Posted by Admin @ 03:48 AM PST [Link]
Sunday, July 18, 2004
click here for ICOS2 chart
7/16 We were short ICOS from 7/7 at $27.48 EOD. We banked half on 7/9 at $25.15 EOD for +$2.33, 8.5%. Today we are closing out ICOS at $22.52 for +$4.96, 18%. Talk about letting your profits run! Well done, Fibmaster!
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Posted by Admin @ 08:04 AM PST [Link]
7/16 We are short SEPR from 7/6 at $51.41 EOD. Since this chart has stalled we are banking some gains on half of the position at $49.92 EOD for +$1.49, 2.9%. We may have an exit on the remainder on the daily chart soon.
Posted by Admin @ 07:16 AM PST [Link]
click for COST chart
7/16 We were long COST from 7/13 at $41.26 EOD. Today, with cross down of TRSI and 3x3, we exit at $40.62 EOD and take the small loss -.64, 1.5%.
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Posted by Admin @ 07:08 AM PST [Link]
click for GPRO chart
7/16 We were long GPRO from 7/14 at $44.34 EOD. Today we have a cross down of TRSI and 3x3 so we exit at $42.63 EOD for a loss of -$1.71, 3.8%. Ouch, whipsaw takes us out, but what are you going to do? We stick to our plan and take the loss and move on.
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Posted by Admin @ 06:50 AM PST [Link]
Thursday, July 15, 2004
click for SYMC chart
7/15 We were short SYMC from 7/6 at $41.95. Today with the close above the 3x3 we are out at $41.69 EOD for a small profit of +.26. Not much but that's all it'll give us this time.
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Posted by Admin @ 05:37 PM PST [Link]
click fro BA chart
7/14 We took our first loss of the month with BA. We were long form 7/12 at $50.20 EOD. In two days it whip-sawed us out at $49.32 EOD for a loss of -.88, 1.8%.
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Posted by Admin @ 09:24 AM PST [Link]
7/14 Griffey, a member or our chat room, used options to trade Fibmaster's ProfitPoint chart, PG. He bought PG August 55 calls at .85 on 7/9. Today he exited 1/3 of his position at .95 for +.10, 11.8%. A little later he exited the 2nd 3rd at 1.05 for +.20, 23.5%. He's letting the remaining third run--now all he needs is for PG to cooperate! Way to go, Griffey!
7/15 Exited remaining third at 1.05 for +.20, 23.5%
Posted by Admin @ 06:18 AM PST [Link]
Saturday, July 10, 2004
7/9 We are short UIS from 6/30 at $13.88 EOD. Today it gapped down and thru our 2nd profit point, so we are exiting half our position at $10.87 EOD for a great gain of +$3.01, 21.7%. A 6 day trade for +21.7%! Fibmaster is right on again!
Posted by Admin @ 05:55 AM PST [Link]
7/9 We are short ICOS from 7/7 at $27.48. After pushing through our 1st profit point today, we exit half our postion at $25.15 EOD for a gain of +$2.33, 8.5%. This is a nice 2 day trade!
Posted by Admin @ 05:49 AM PST [Link]
click for CAKE chart
7/9 We were short CAKE from 6/22 at $40.72 EOD. After stalling for a couple days it went our way and hit our 1st profit point where we exited half of our position on 7/6 for +$2.60, 6.4%. Since then it has gone against us and today crossed up on the 3x3 and TRSI and triggered us out of our 2nd half at $39.71 for a gain of $1.01, 2.5%. Fibmaster served up a nice dessert with this one!
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Posted by Admin @ 05:41 AM PST [Link]
Thursday, July 8, 2004
click for MCD chart
7/7 We were short MCD from 6/28 at $26.58. After going our way for a couple days, MCD stalled and whip-sawed us out. We exit today at $26.42 for a small gain of 16 cents, 1%.
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Posted by Admin @ 05:17 AM PST [Link]
Wednesday, July 7, 2004
7/6 We are short CAKE from $40.72. Today it hit its first profitpoint, so we are taking half off at $38.12 on the 30 minute cross up for a gain of $2.60, 6.4%
Posted by Admin @ 05:42 AM PST [Link]
Tuesday, July 6, 2004
click for EBAY chart
7/2 We were long EBAY from 6/23 at $88.35. On 7/1 we exited half our position at $91.41 for +$3.06, 3.5%. Today, with the close below the 3x3 and cross down of TRSI, we close out the remaining position for a profit of $2.82, 3.2%. If EBAY wants to run up from here, it has to do it without us.
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Posted by Admin @ 05:01 AM PST [Link]
Saturday, July 3, 2004
3 Positive trades for +3.96
11 Negative trades for -14.60
Net loss -10.64
Posted by Admin @ 09:39 AM PST [Link]
7/1 We are long EBAY from 6/23 at $88.35 EOD. Today we exit half our position at $91.41 on 30 minute chart for a profit of $3.06, 3.5%. This is a precautionary measure to protect our gains. Since this chart still has some bullish potential we are holding the second half with a stop-loss at $89.00
Posted by Admin @ 05:27 AM PST [Link]
click for ECL chart
7/1 We were long ECL for 6/23 at $30.88 EOD. Today ECL gapped down which didn't bode well for the bulls. We opted for an intra-day exit 7/1 near the open at $31.05 for +.17, 1%. (EOD traders closed at $30.70 for -.18, 1%). Better to take a small loss/gain than risk bigger losses.
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Posted by Admin @ 05:16 AM PST [Link]
click for ANSI chart
7/1 We were long ANSI from 6/23 at $31.75 EOD. After almost reaching our 1st profit point, ANSI whipsawed and took us out today at $32.13 EOD for +.38, 1.2%.
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Posted by Admin @ 05:04 AM PST [Link]
