http://www.injaeleewrites.com/injobogs/formfactor-inc-bounce-bboing Just another WordPress weblog Fri, 16 Jul 2010 05:22:22 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.injaeleewrites.com/injobogs/formfactor-inc-bounce-bboing/comment-page-1#comment-19 injaelee Sat, 30 Jan 2010 19:04:19 +0000 http://www.injaeleewrites.com/?p=219#comment-19 Update: I was stopped out. When the price goes across my risk point, I assume that the price would go down further and I took a short a short position this time at 16.00. Despite good earnings reports, AMZN and MSFT went down hard. What would happen to a company with mediocre earnings? Yeah, down hard like a diamond. So it was convincing to me to take a short position right after I got stopped out. I actually made more than what I had lost which wasn't big to begin with as a start position. Also, I wouldn't generally convert to short position after I get stopped out. But it seems that this is a good strategy for the overall market right now: Money is simply flowing out. I covered my shorts at the near end of the day at 15.48. It was a really good trade in retrospect. Update:
I was stopped out. When the price goes across my risk point, I assume that the price would go down further and I took a short a short position this time at 16.00. Despite good earnings reports, AMZN and MSFT went down hard. What would happen to a company with mediocre earnings? Yeah, down hard like a diamond. So it was convincing to me to take a short position right after I got stopped out. I actually made more than what I had lost which wasn’t big to begin with as a start position. Also, I wouldn’t generally convert to short position after I get stopped out. But it seems that this is a good strategy for the overall market right now: Money is simply flowing out. I covered my shorts at the near end of the day at 15.48. It was a really good trade in retrospect.

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