iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

How About A Rally

Looking for Thursday’s close and on into Friday we rally.  If market falls tomorrow + VIX > 22 then I’m in.  Selling almost everything with VIX >23.

Buy list:

Veriphone                        PAY 32.50 LIMIT
Flotech Industries        FTK     2.80 LIMIT,  sell @ 3.05
JA Solar                             JASO  7.25  MARKET,  stops @ 7.00  can get nasty, but I like the r/r

Plan B Short List (because the market can and will go against you. Lol) :
SINA
KRO
TZOO

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5 comments

  1. flyaway18

    I agree with your strategy.
    It feels like the VIX has been playing possum
    for weeks. Market seems very dicey to me.

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  2. lindsay

    Thanks Gio! You always have been the VIX king!! (did you mean to say “if mkt falls tomorrow and VIX LESS then 22 (vs. > symbol above)” then you’re in? )

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  3. Gio

    Damn I’m good. Lol.

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  4. Gio

    … if only I got the right stocks. Oh well. Just as usual, here comes the end of the week rally. 😉

    @lindsay… yup, that’s the general strategy. Buy on panic, or on early day dips. I haven’t been able to catch the early dips lately because I usually buy late in the day, or have limit orders. So naturally, most of my orders didn’t fill today.

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  5. dkfjdk

    You are not a very good trader.

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