May 27th Review

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / CROX / BEE / BQI / MXC / SQNM / SMCG / DPTR

Today was pretty ugly day for the Dow. We lost almost everthing from yesterday's gain.
I didn't expect this much pull back. I thought its going be little bit of sell off in the morning and side way for few days, totally wrong. GM bankruptcy news was the big issue today, and I really can't predict tomorrow's stock market at this point. Still think market is uptrend though.

Ok let's talk about my stocks, I have 11 open positions which is not normal for me, usually trade 3-5 stocks at one time. I think I changed my trade style since I made this blog.
Actually, I bought 1 more today

DPTR - cheap, undervalued oil stock with CEO change news this morning, with today's oil momentum and new CEO, believe this is good sign for the company..

and here is watch for tomorrow

SOMX - watch this @ .60 this morning and pop so quick to .70 in second and waited for pull back but never happen. It closed at .91 today up 71%, what a monster move! This stock was $2.30s back in Feb. I heard company will resubmit the drug for approval in the coming days.
Let see this can move continue tomorrow or not.

오늘 예상과는 다르게 장이 오후에 폭락(?)을 했습니다. 제 생각에는 아직 마켓이 uptrend 같아 보이지만, 8200선을 먼저 볼수도 있을 것 같습니다. 제가 요새 오픈 position 이 너무 많습니다. 조만간 정리를 해야 하지 않을까 싶네요. 특히 바이오 스탁들은 ASCO 전 까지는 강세를 보일것 같지만 그 때가지 홀드하고 있는건 위험있으니까 조심하세요.

and Here is video from buysellshort.com

Stock Market Video For Thursday With Plays And Ta...
http://buysellshort.com/05_27video.html


-Market Hunter-