Saturday, February 2, 2013

Trades for 30th January,2013

Trade 1





















Short  ARNA               From our watch list.

                                    Entry  8.16/Stop 8..25

                                    Target  1    8.00          Never hit. We finally covered for +.08 EOD.
                                    Target  2    7.80          ARNA never gave us a chance during regular hours
                                                                       and then hit 7.89 AH.

                                    This was painfully slow.And took the entire day.

Trade 2





















Short RIMM            From our watch list.


                                 Short  14.78/Stop 14.98

                                 Target    1          14.50           1/2 +.28
                                 Target    2          14.00           1/4 +.78
                                 Target    3          13.78           1/4 +.1.00

                                We missed  most of the run because we were in ARNA trade.
                        
                                Entry finally came in the afternoon.

                               risk/Return     .20/1.00     =500%



                       



    

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