iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

10-08-2014 Trading Journal

The market actually fell onto the trampoline yesterday and bounced to quite a height today.

SPY_Daily

That was a big bad green bar racing back to the 79 & 89 MA lines.  The bull is back on!

Today, my fortune reversed for $LRAD.  Thanks to Cramer mentioning $LRAD, the stock tanked as a result.  Or it could be as simple as big player wanted out to get cash.

LRAD_daily

Despite not being able to recover like every stocks out there after the Fed announcement of no rate increase, the chart still looks bullish.   Notice that the underlying short-term uptrend line is still intact

Meanwhile, the rest of the gang recovered nicely with $ORBC showing the most enthusiasm.

Due to $LRAD failure to recover (for the day), my port gave back 2.2% with YTD gain at 2.2% as well.

Current holdings:

LRAD, DMRC, ORBC, KNDI, CERS (100% invested/speculated)

My 2 cents.

 

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