среда, 20 января 2010 г.

Tim Sykes' PEIX trade, Jan 14, 2010

PEIX day chart Sykes trade
This is a bet on the continued downward trend in PEIX after the convincing move down the day before and an opening with a gap down. According to Tim's log, he sold at $2.05, bought (to cover) at $1.96. Tim was able to time it accurately on the way up as well as down.


PEIX chart 3 months of day data
By the way, the longer time-frame chart puts the stock into the stair-stepper category.

вторник, 19 января 2010 г.

Tim Sykes' PEIX trade, Jan 13, 2010

PEIX day chart Sykes trade
Predictably, this was a short. The stock had had 4 consecutive days of strong gains. According to Tim's log, the stock was sold at $2.27, covered at $2.19.

Tim Sykes' PEIX trade, Jan 12, 2010

PEIX day chart Sykes trade
I understand this was a long, based on strong momentum. Buy the way here a reduction in volume on January 12 is followed by a red candlestick next day. By the way Tim's fraction of the price action (bought at $2.31, sold at $2.35) looks tiny in comparison with the stock moves.

Tim Sykes' LUNA trade, Jan 11, 2010

LUNA day chart Sykes trade
This is interesting -- I understand that this was a buy, based on a break-out, but Tim's sell price of $4.78 just does not fit into any of the days prior to January 11. The trade is entered into Tim's log, dated as January 11, with the buy price of $3.36. Tim's comments indicate that the stock was sold in the premarket trading.

пятница, 15 января 2010 г.

Tim Sykes' JYHW trade, Jan 8, 2010

JYHW day chart showing Sykes trade
So I gather this stock was shorted because it was being pumped openly -- by the way this was done, as it happens, with explicit disclaimers: alas, attention spans get shorter and shorter, people do not read the disclaimers. As far as the chart goes, yes there was some selling pressure on Jan 7 but the stock ended the day about where it has began -- it's a doji candle. If one could short these stocks just because somebody paid to promote them, life would have been way too easy. According to his log, Tim sold at $1.41 and had to buy at $1.50.

Tim Sykes' CDII trade, Jan 8, 2010

CDII day chart Sykes trade
This Tim's trade must have been an unsuccessful short trade. In the log on his site, he has dated the trade by Jan 8, with the buy level at $2.24, sell level at $2.12 -- so this was a loss. Now the $2.12 does not fall into Jan 8th range, therefore I conclude this was a short sale made on one of the previous days -- most likely, Jan 7th. It looks like his reasons to short were more fundamental than technical: the stock did not crack on Jan 7th.

четверг, 14 января 2010 г.

Tim Sykes' AHD trade, Jan 7, 2010

AHD day chart Sykes trade

This trade is entered in Tim's log as January 7th, but the actual trade must have taken place the day before. With the buy level $7.15, sell level at $7.01, this trade was a loss. On the day chart, Jan 6th candle certainly does not look bullish and moreover, the $7.15 number is clearly out of Jan 7th day range.