hpq summary

hpq summary

In 01/22/10 Out 02/2/10
Purch 1000 hpq 50.64
Sold 1000 hpq 48.65 -1999 -4%

This trade is instructive in a variety of ways. First we were on a 15-0 run on these trades and this one demonstrates what can happen in a losing trade. Oversold market along with an over sold stock is a percentage trade but far from a sure thing!

Next it also demonstrates when a stock turns around how fast it can move. We had an 8% loss and in two days cut that in half to 4%.

For the person that sent me the email i commented about earlier he would of gotten out yesterday and missed 1.5% of the rebound that occurred today.

If anyone has any questions concerning the above please feel free to email me

RickJ

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt
Do NOT follow this link or you will be banned from the site!
Sign up now for our  newsletter. Includes handicapping tips

NFL in 2 weeks!!!
Time to join us!!!

RickJ's Handicapping Picks  The latest in positive EV handicapping Techniques

On the 23rd all accounts go active.  We will have overnight plays sent out on the 22nd for MLB.

Come join us for a fun and profitable Pro Sports season!!!
 
Sign up now for our newsletter with handicapping tips 
Close