Sunday, May 17, 2009

DRYS quick move on May 13-15, 2009

QQQ said... May 12, 2009 6:11 PM
got a note from a shipper guy, buy shipping stocks if you still can trade now: DRYS, @7.04

QQQ said... May 13, 2009 9:39 AM
stopped out DRYS

QQQ said... May 15, 2009 9:37 AM
in DRYS long 6.55 stop 6.25
$BDI keeps up so does shipping and ag sectors. DRYS for quick catch the run

QQQ said... May 15, 2009 10:56 AM
take 1/2 DRYS off, 7.40, good enough for 15%. Remain 1/2 DRYS with stop at 7

QQQ said... May 15, 2009 12:22 PM
exited final 1/2 DRYS at 7.17, still good gain from 6.6

Our member said...
i followed ur drys call to enter @7.04, and stopped out at 6.4 (i made it wider since i did not want to be stopped out.) lost 60. fri, i saw u entered drys @6.55. i put order to buy at 6.6, no luck. 6.8. no. 6.9 no. 7.08 I got it. lunch time, u sold at 7.4. i sold mine at 7.21. made 10. total lost 50.
however, it seemed y** did get stopped out since he saw BDI up. if we did the same based on BDI, instead of stop-out on wed, added more on thur, we would won.

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