Trades fro 9th October,2012

Trade 1                        The only one!

Short sell TIBX               Was watching TIBX from yesterday. Liked how it closed.
                                        Pattern was ripe for action.

                                        Shorted  TIBX at open on a 5 min chart.

                                         Entry   28.15        (9.38 am)
                                         Stop    28.31

                                         Target  1     28.00       but we got  27.95       1/3 +.20
                                         Target 2     27.85                                          1/3 +.30
                                         Target 3     27.65                             more           +.55
                                         Target 4     27.00           Never hit.

                                          So we covered rest  at EOD                             +.60    (3.41 pm)
                        
                                        This trade we took every penny of the run. It took all day.
                                       
                                         Great trade. Behaved the way we anticipated, Gave us all the money.

                                         You don't have to trade dozen different stocks to make money.
                                        Tomorrow back to the river.