Thursday Trades

Posted on September 27, 2007
Tags: Day Trading |

A couple of trades today. CBAK (again) which didn’t work and KONG which was the prime candidate and did work. Nothing too fancy or spectacular. Just +2.7R for the day.

On another note I can’t believe it’s almost the end of September. Time flies.

Comments

5 Responses to “Thursday Trades”

  1. oonr7 on September 27th, 2007 4:03 pm

    nice KONG trade… do you use fib. lines at all? KONG and JRJC were nice Trader X type of plays.

  2. Gav on September 27th, 2007 4:36 pm

    Nice banner. Is that Thailand?

  3. Ling Noii on September 27th, 2007 8:36 pm

    It’s view from balcony, faces SCB buildings ;-)

  4. Rick on September 27th, 2007 8:43 pm

    Geez, 37.5 million in volume out of nowhere. And it doesn’t even have China in it’s name, but hey it sounds like King Kong and that reminds me of Asia, so why not? I really got to get Scottrader Elite going (once I get past my learning curve and actually start daytrading) so I can take advantage of the integrated Trade-Ideas. It would have let me know that Kong was roaming the Street. CPSL was down today and has room to fall further but a lot of the other Chinese stocks are holding level for the time being.

  5. eyal on September 28th, 2007 2:35 am

    Thanks oonr&. I don’t use fib at all. I was watching JRJC but the daily chart scared me off it.

    Gav - yep, as Ling Noii mentioned - the view from my apartment :-)

    Rick - yeah all those stocks are going crazy, which is not unlike how the tech stocks behaved not too long ago.. An intraday scanner of some sort is a must and TI is a good choice.

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