January 22, 2008
One Trading Idea for Tuesday, January 22
The box came up with one long idea, which I think has a snowball’s chance of triggering, for Tuesday, January 22. The software runs off end-of-day (last Friday) data and obviously doesn’t read the news. The good thing is that of the last three ideas it came up with, all longs, none of them triggered. The bad thing is the box also came up with a dozen longs so far in January that all triggered, filled and then stopped out for a -1R loss.
The LINTA short is still on from last month … this trade is taking forever to close with the stock down nearly 30% (~12R) from entry. Once the trailing stop is hit, I can send out the spreadsheet for the trades initiated in December. Thanks for your patience.
Cat: | Time: 11:28 am (utc+8)