The indices experienced some selling early the morning and quickly reached oversold levels which are now in the process of working off as the United States wakes up.
Since our Sunday globex open, the S&P futures have been trading mostly flat in a very balanced and evenly distributed manner. This makes it difficult to envision any specific scenarios for today because all of the distributions are complete. Therefore we must focus our attention on the bracket extremes to gauge whether the market is coming out of balance and by which parties hand.
We are currently prices to open outside of yesterday’s value, but still within yesterday’s range. If the sellers can reject our value area from yesterday, we may see acceptance lower which would suggest a change in conditions from this current bull brigade, a subtle shift we should be aware of should it occur.
I have highlighted key price levels on the following market profile charts as well as displayed the very balanced trade occurring on a 24 hour profile view:
Looks like I wont be winning stock pick of the year award 2013..No..No I won’t!
6wks left…OOoh it’s ugly this morning!
yes, I still hold core scoop from this past summer but must add that SRPT was my best stock performer in 2012 and I’ve locked in plenty of profit so far this year. Not that I’m trying to justify this (-50%) slash in stock price. (well..maybe slightly..hmm?)
A stop loss on that position would have been useless given this gap down when market opens.
I’ll follow in a bit..but have yet to read into this..
and yes..
Chess, position size is key here.
(referring to weekend post)
this is the value of my position before market open..
$22,439.22
and so..
Status Filled at $15.17
Symbol SRPT
Description SAREPTA THERAPEUTICSINC COM
Action Buy
Order Date 11/12/2013, 09:32:57 AM ET
now lets get back to tango..
😉
nice win for Da Bears
Shares Outstanding 33,528,000
Shares Short* 10,371,554
Short Interest as a % of
Shares Outstanding*
30.93%
way to manage sooz, sorry to hear you were in that one
AWww thanks, Sir Raul..
that’s is very kind
I was in it at 3.00(after reverse split) back in 2011..and road it all the way up going into 2012..
trading around core a bagillion times.
I just road it up (+80%) not so long ago off 30 and pennies. posting entry/exit here on these pages.
Sh!tskies..I have no complaints this stock has been really good to me, really.
although, today’s big dipper is certainly a nasty one. Nature of the beast and why so many stay away from them.
But when they are good..they are OOooh So Good..
😉
oops..* scratch that ‘is’ there.
serious bloodletting…
i really want to dbl my position here (?)
add/filled at $13.17
Perfect new tune here…turn it up ((LOUD))..
they sound the same as the did 20+years ago.
http://youtu.be/qQXP6TDtW0w
enjoy your evening , all you beautiful people.
hard to keep my eye lids open today.
(shhhh…don’t tell a soul)
yes..I more than dbl my position Filled at $12.1699
Order Date 11/13/2013, 10:07:42 AM ET
just getting the chance here to post.
sorry about that.
pushing cost avg down into teens..
pretty crazy..yes sireeee
sweet move in AEZS here..
which I will take.
remain long a portion last ins scooped here:
11/08/2013 YOU BOUGHT
AEZS AETERNA ZENTARIS INC COM NPV ISIN #CA00
Cash Shares: +*.000 Price: $1.33
Status Filled at $1.60
Symbol AEZS
Description AETERNA ZENTARIS INCCOM NPV ISIN #CA0079753038 SEDOL #B6QQ5W0
Action Sell
and this here scoop ,too..
11/07/2013 YOU BOUGHT
CGIX CANCER GENETICS INC COM USD0.0001
Cash Shares: +*.000 Price: $11.30
Status Filled at $13.80
Symbol CGIX
Description CANCER GENETICS INC COM USD0.0001
Action Sell
remain long portion
now I’m off to rake some leaves..
yep..
Have a great afternoon, Sir Raul.
😉
so ‘Got Damned’ (the fly)beautiful..
will be taking more profits on those scoops from a week ago(Thurs. and Fri.)
(+38.25%) and(+27.83%)..respectfully
Life is GOOD, Sir Raul..
;))
here actual trades :
Status Filled at $1.71
Symbol AEZS
Description AETERNA ZENTARIS INCCOM NPV ISIN #CA0079753038 SEDOL #B6QQ5W0
Action Sell
(+28.57%)profit
and here:
Status Filled at $16.2301
Symbol CGIX
Description CANCER GENETICS INC COM USD0.0001
Action Sell
(+42.38%)
and yes..I still remain long at above posted entries..
keep an eye on:
CYTORI THERAPEUTICS INC COM
and
STAR SCIENTIFIC INC
both have come in off their last runs.
after profit taking..
I do hold core postion CYTX at $2.14 from 10/08/2013
and core STSI at $1.17 from 05/01/2013
just cost avg up on my STSI position a few days ago..at $1.47
biotech risk..
have traded around all of these for a very long time.
adding back share of InterDigital
(partial fill so far)
Status Partially Filled
Symbol IDCC
Description INTERDIGITAL INC PA
Action Buy
at $32.63
I need to get back outdoors and tend to leaf removal. A HUGE job around this joint! We have a much warmer day today and in forecast for tomorrow which makes it much easier.
Have a great weekend, all you Beautiful People.