JasonGordon's  Instablog

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My passion is trading stocks. I am a student of the markets just like you. Follow me as I learn new things and analyze the markets. http://www.swing-high.com
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  • Thursday June 16 0 comments
    Jun 16, 2011 5:12 PM | about stocks: BBRY, AAPL, ECA, OIH, RIG, FST

    Today was an interesting day. My P&L took a bit of a hit, which affected me in a crude oil trade later in the day. After that, I stopped trading. It's nice to see that my decision to hold 100 shares of RIMM short into the earnings announcement is a bet that is paying off. My plan is to hold those 100 shares at least into tomorrow, and add on any weakness going forward. This may turn into a swing or trend trade to the downside for me as the down trend is still very strong; in fact it appears to be accelerating. My target on RIMM under $30 is $20. Hopefully I can cover around $21 before someone announces a takeover or something like that.

    more analysis (youtube)

    Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately.

    Happy Trading,


    Stocks: BBRY, AAPL, ECA, OIH, RIG, FST
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