by Big Wave Trader | Jan 24, 2008
This was a great long and by looking at the setup you can tell it was basically a perfect setup. Those that have been reading me know that there is one chart pattern I love more than any other which is the breakout from resistance-bounce off the 50 DMA on huge volume....
by Big Wave Trader | Jan 23, 2008
This was an awkward stock for me in a way as, according to my records, I bought a lot more with each additional buy than the first. That must have been a testament to how poor the market was. It wasn’t a video game stock so I wasn’t sure I wanted to...
by Big Wave Trader | Jan 22, 2008
This was not a big purchase, but after getting heavily long ATVI and THQI, TTWO set up in a very nice chart pattern. I did buy a lot of the stock and did expect more out of it but it only gave us a very quick pop before selling off. However, that purchase, produced a...
by Big Wave Trader | Jan 17, 2008
PETM was a great long and I should have held tight because where you see the top is where I sold my last position. However, the stock continued higher and made a 300% by the time it was all said and done. However, for me, I enjoyed a nice 250% gain in a little over a...
by Big Wave Trader | Jan 16, 2008
This was a great long for me during this time as it was an IPO with a beautiful pattern. Sadly, I did not load up on the initial purchase. It was the second purchase that was the large buy. But as MY luck would have it, it closed below the 50 DMA about a month later...
by Big Wave Trader | Jan 15, 2008
FIC was not the largest purchase in my portfolio during this time as I was focused so much on loading up on ATVI and THQI that I decided this one was not worth loading up on since it did not blast through the 50 DMA on a huge surge in volume and BOP was not max green....