![SHOO 8-7-07 to 1-14-08]()
by Big Wave Trader | Nov 30, 2008
SHOO was an excellent setup and a near perfect short. After an initial breakdown on low volume, SHOO tried to find some support on 8/6/07. However, the very next day on extremely strong volume with BOP going red again, the stock went higher intraday only to reverse...
![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...
