Monday, January 7, 2008

Day 4

Bought SEED @ 11.03 on the morning upswing at what looked like a breakout but it punked me and I got out at 10.424 for a loss.

KONG hit a trailing stop at $6.0891 for a small gain from Friday, overall down for the day.

Sitting on the sidelines for now, see if there is anything I want to play into the close.

Bought ITMN @ 18.07 near the close, good solid volume all day, should have momentum in the morning.

I'm really pissed at E-Trade today, tried to short SEED, HOKU, CSUN and AKNS but they said no shares available. I know think or swim had shares on all but CSUN according to another BLOG. I'm thinking about moving to another broker, we will see.

Added some more money to my account since it looks like I'm going to be labeled a "Pattern Day Trader" this stupid rule of the feds to protect you from your self does not let you make more than 4 day trades in a 5 day span and since I set stops on all my trades there is no way I can trade without it. I plan on overnight trades but it does not allways work out as you can see from the trades below, so since I had a few more bucks hanging around I decided to use them to get over the limit.

That's it for now.

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