Показаны сообщения с ярлыком IDN. Показать все сообщения
Показаны сообщения с ярлыком IDN. Показать все сообщения

суббота, 27 февраля 2010 г.

Tim Sykes' IDN trade, Jan 22, 2010

IDN day chart
The stock must have been sold short on the previous day, Jan 21, the day with the downside gap at the opening. Covered at or near the previous day's low, although the stock kept moving lower. Speaking of volume, both days look unremarkable. Data from Tim's log at his site: sold at $3.50, covered at $3.28.

вторник, 12 января 2010 г.

Tim Sykes' IDN trade, Jan 5, 2010

IDN day chart Sykes trade
The direction of this profitable trade is hard to tell from the chart -- in fact according to the chart one could have made money trading this stock either way that day. I am pretty sure Tim's intention was to continue shorting, following a successful short the previous day. In fact this turned out to be the day stock turned around and continued rallying. Tim's sell price was $3.56, buy price $3.48.

Tim Sykes' IDN trade, Jan 4, 2010

IDN day chart Sykes trade
Here I think I get the trade idea from the progression of the day candles: the day the short trade was entered must have been the first day with high significantly exceeding close (Dec 31, a local turning point) or the next one. Tim sold short at $3.90, covered at $3.57.