![LVS 11-12-07 to 4-21-08]()
by Big Wave Trader | Nov 30, 2008
First off I want everyone to learn something from this trade. When you have big gains in short positions, never cover ALL of your short until it closes above the 50 day moving average on HUGE volume or closes above the 200 day moving average. To have a big gain and...
![GOOG 1-4-08 to 3-10-08]()
by Big Wave Trader | Nov 29, 2008
GOOG was a nice short but due to the low volume I was unable to “load up” and really make the short worth my while. However, the price rollover and breakdown, with the bear market starting, was a near-perfect short setup price wise. The stock subsequently...
![CBEY 1-7-08 to 3-10-08]()
by Big Wave Trader | Nov 29, 2008
CBEY was a great short but the huge gain in a short time was not expected. What is worse is that, once again, I mismanaged this one and instead of waiting for a HUGE volume surge over the 50 DMA and/or a move above the 200 DMA, I did cover with a move over the 50 DMA....
![SIGM 2-19-08 to 4-15-08]()
by Big Wave Trader | Nov 29, 2008
SIGM was a fabulous short that was mismanaged by myself in this bear market. I should still be short and would have a 80%+ return at the lows in November from the time I first went short. However, I had to admit it was still very nice to be short a stock that managed...
![GRMN 1-8-08 to 4-30-08]()
by Big Wave Trader | Nov 28, 2008
I decided to start this series off with a recent winner from the start of our current downtrend. Why I want to start with this is to teach you how to not mismanage a short. This short in a short three months and two weeks returned a very impressive 49%. This was a...
![MA 8-2-06 to 5-29-08]()
by Big Wave Trader | Aug 23, 2008
This was one of my longest big winners on the basis of a long-term hold. This stock rode the 50 DMA and 200 DMA like a champ. It has only recently closed below the 200 DMA after almost two years of a strong rally. This was an easy stock to hold as it gave very few...
