Trades for 31st October, 2012

Trade 1                        The only one!Remember Friday's NFLX trade!

                                  























NFLX                 From our watch list.
             
                           Since we made big money on NFLX on Friday we kept watching NFLX.Stock gaped down after  two day halt due to Sandy. NFLX  bounced on big volume .
                          Entry   68.50
                          Stop     68.40

                          Target 1           70.00                     1/4  +1.50
                          Target 2          we called between 80 and 82.

                          The way NFLX was behaving suggested that there were many moves to shake longs off. So we kept a wider distance from the eye of the storm. Pattern was so evident that a major move was  on the way.
                          Did it ever deliver!   NEWS that Ichans has more than 10% stake in the stock shot NFLX to 84 within minutes.

                         We were all out  @83.00

                         Cannot get any better.
   
                         risk/Return   +.10/14.50!!!     This is a 145 bagger!!

                         Last Friday we thought we had the biggest trade ever. It only took 4 days to take that record.
                        We thank God for this trade. My cup runneth over!.

Trades for 26th October,2012

Trade 1

EXPE                From our watch list
                        
                           EXPE gaped up  on good earnings. But looking at the daily pattern
                          we expected  profit taking.

                          Entry                     58.99    
                          Stop                       59.02

                         Target  1                 58.87                      1/2+.12
                         Target  2                 58.74                      1/4+.25                    
                         Target  3                 58.25                    more +.74
                                                                                     more  +.99
                                                                                     more  +1.25
                          WE finally closed trade                     more   +.99

                        After we closed EXPE dropped another $2.00!

                         But we moved on.

Trade 2

 Short VRSN     Again from our watch list.
         
                          VRSN gaped down on earnings.And we were waiting !.
                          Met our gap criteria.

                           Entry        38.84
                           Stop          39.01

                           Target 1    38.64                       1/2 +.20
                           Target 2    38.50                    but we covered 1/4  +.34
                           Target 3    37.00                    Never hit .We covered 1/4  to b/e.

                             
Trade 3

Long   NFLX                 again from our watch list.

                                    Entry        62.20
                                    Stop          62.00

                                    Target 1    63.70                   1/2 +1.50
                                   
                                     Then news hit market that MSFT was going to buy NFLX for $90!. We just held on !.  We believed that the way the momentum was building up on NFLX ,there would be a huge short squeeze and set target to 70.
                                  Target    2   70.0                   1/2   + 7.80!!

                                Incredible risk/Return!

                                     risk/Return       .20/7.80     =3900%

                              This was our biggest gain ever!