Day Trading Results 8-21-2008

The stock market was all over the place today.  The morning brought out the bears and we were able to make a quick $200 bucks.  Then the market went flat going into the 11 am reversal time and we ended up giving back the majority of our gains.  I was barely able to stay in the black going into lunch.  Then the golds and energy stocks made their late day move and we were able to capitalize on this strength. 

Total Gains for the day: $308.01

Day Trades for 8-21-2008

# Type Symbol Price Shares/Profit Net Profit % Profit Commission
1  Buy  TCK  $42.04  250  $77.50  0.78%  $2.50
   Sell  TCK  $42.37  $82.50  $77.50    $2.50
2  Sell Short  BKC  $25.82  400  $76.00  0.81%  $4.00
   Buy to Cover  BKC  $25.61  $84.00  $153.50    $4.00
3  Buy  KGC  $17.12  500  $16.50  0.31%  $5.00
   Sell  KGC  $17.17  $26.50  $170.00    $5.00
 4  Buy  ABX  $36.11  300  $9.00  0.14%  $3.00
   Sell  ABX  $36.16  $15.00  $179.00    $3.00
 5  Buy  HES  $107.75  100  ($54.00)  (0.48%)  $1.00
   Sell  HES  $107.23  ($52.00)  $125.00    $1.00
 6  Buy  SU  $59.02  200  $4.00  0.07%  $2.00
   Sell  SU  $59.06  $8.00  $129.00    $2.00
 7  Sell Short  HES  $107.05  100  ($68.00)  (0.62%)  $1.00
   Buy to Cover  HES  $107.71  ($66.00)  $61.00    $1.00
 8  Buy  HES  $107.95  100  $47.00  0.45%  $1.00
   Sell  HES  $108.44  $49.00  $108.00    $1.00
 9  Buy  SU  $59.05  200  $28.00  0.27%  $2.00
   Sell  SU  $59.21  $32.00  $136.00    $2.00
 10  Buy  LTD  $20.07  500  $70.00  0.80%  $5.00
   Sell  LTD  $20.23  $80.00  $206.00    $5.00
 11  Buy  PCU  $26.32  400  ($35.00)  (0.26%)  $4.00
   Sell  PCU  $26.25  ($27.00)  $171.00    $4.00
 12  Sell Short  ACI  $56.68  200  $36.00  0.35%  $2.00
   Buy to Cover  ACI  $56.48  $40.00  $207.00    $2.00
 13  Buy  PCU  $26.35  400  $101.01  1.03%  $4.00
   Sell  PCU  $26.62  $109.01  $308.01    $4.00

Day Trading Video for 8-21-2008

Day Trading Lesson for the Day

Never be afraid to trade a stock after it dishes you a loss. 

Good Luck Trading,

Al Hill

Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

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