Profit / Loss Report Week ending October 12/2001
Rankings by profit loss for the week
1.Vitalsigns +$15840 Trades 7 L 3 S {Stop 0 L 0 S} Wins(80%) = 6 L 2 S {Lose= 1 L 1 S} avg Win $2266 2.StockPro +$14600 Trades 5 L 2 S {Stop 1 L 0 S} Wins(57%) = 3 L 1 S {Lose= 2 L 1 S} avg Win $4378 3.bwdik +$6590 Trades 0 L 1 S {Stop 0 L 0 S} Wins(100%)= 0 L 1 S {Lose= 0 L 0 S} avg Win $6590 --------------------------------------------------------------------------------- 4.1st.MAte (-$2000) Trades 1 L 0 S {Stop 1 L 0 S} Wins(00%) = 0 L 0 S {Lose= 1 L 0 S} avg Win $00 5.Kirby49 (-$2200) Trades 1 L 0 S {Stop 1 L 0 S} Wins(00%) = 0 L 0 S {Lose= 1 L 0 S} avg Win $00 6.EVA (-$3800) Trades 1 L 1 S {Stop 1 L 0 S} Wins(00%) = 0 L 0 S {Lose= 1 L 1 S} avg Win $00 7.Canuck Dave (-$5050) Trades 0 L 1 S {Stop 0 L 1 S} Wins(00%) = 0 L 1 S {Lose= 0 L 1 S} avg Win $00 8.Bigbuk (-$8450) Trades 0 L 2 S {Stop 0 L 1 S} Wins(00%) = 0 L 0 S {Lose= 0 L 2 S} avg Win $00 9.Al Collard (-$12120) Trades 3 L 7 S {Stop 0 L 3 S} Wins(40%) = 2 L 2 S {Lose= 1 L 5 S} avg Win $515 This was a very bullish week for North American Markets, all ending the week up nicely . For the thread we had a huge divergence , some were extremely profitable and others , you can say had a rough week. There were 9 stop loss kick outs this week , for a total of over (-$33000) in losses and an average of (-$3675) per Stop loss kick out. Of the 9 Stop loss orders , 5 were from the Short side and 4 were from the Long side. The 4 longs comprised of 2 gold stock issues and 2 oil stock issues, since these two sectors have been doing very well this year , it may be a signal that the Oil and gold sectors are about to have a change in trend. (something to keep an eye on). Of the 34 trades closed this week, 53% were on the Long side, an improvement over last week but not anywhere near the level it should have been given that the markets were bullish all week. Clearly the participants where fighting the trend and losing. So what trend can we decifer next week? The open positions after close of trading on Friday are 12 Longs (67%) Vs 6 Shorts (33%), still favoring the long side of the trade.
I would have to agree with the majority , given the volume levels experienced this week , this trend will not easily be broken unless an act of terror causes panic. The markets love to climb a wall of worry with the least amount of participants on board , the terrorists are acting as the wall of worry and given that most participants still favor cash or shorts, it appears the volume is institutional which which means few retailer are riding the wave which fits the bill for the least amount of participants. As long as these factors play out , i see continued upside IMO. We are at critical resistance levels on both the DOw and Nasdaq but by the looks of the trading , it will be used as an opportunity to buy on the dips. Consolidation at these levels is a bullish sign.
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Look at last weeks top 3 profit leaders as comparison
1.Vitalsigns +$3450 Trades 9 L 6 S {Stop 0 L 2 S} Wins(67%) 7 L 3 S {Lose= 2 L 3 S} avg Win $1374 2.Canuck Dave +$860 Trades 1 L 0 S {Stop 0 L 0 S} Wins(100%) 1 L 0 S {Lose= 0 L 0 S} avg Win $860 3.Al Collard +$320 Trades 4 L 9 S {Stop 0 L 3 S} Wins(62%) 3 L 5 S {Lose= 1 L 4 S} avg Win $1650
Thanks to all that Participated
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Report Details L = LONG TRADE S = SHORT TRADE
Vitalsigns Open 10/12/01 LONG BLD $38.58 10/12/01 LONG CLS $55.70 10/12/01 LONG PDG $18.20
Closed 10/09/01 #1514 SHORT CLS +$2060 3 HOUR 10/09/01 #1514 SHORT BLD +$2250 3 HOUR 10/10/01 #1530 SHORT ANP (-$1700) 2 DAY 10/10/01 #1537 LONG CLS +$2450 1 DAY 10/10/01 #1537 LONG BVF +$2200 1 HOUR 10/11/01 #1564 LONG CLS +$4600 1 DAY 10/11/01 #1564 LONG BLD +$2450 2 DAY 10/11/01 #1564 LONG BVF +$1270 1 DAY 10/11/01 #1633 LONG BLD +$850 3 HOUR 10/12/01 #1652 LONG N (-$590) 1 DAY
Vitalsigns +$15840 Trades 7 L 3 S {Stop 0 L 0 S} Wins(80%)= 6 L 2 S {Lose= 1 L 1 S} avg Win $2266 --------------------------------------------------------------------------------
Canuck Dave Open 10/12/01 SHORT CLS $55.17
Closed 10/11/01 #1598 SHORT CLS (-$5050) 4 DAY (STOP LOSS)
Canuck Dave (-$5050) Trades 0 L 1 S {Stop 0 L 1 S} Wins(00%)= 0 L 1 S {Lose= 0 L 1 S} avg Win $00 -------------------------------------------------------------------------------------
Al Collard Open 10/12/01 LONG ABX $25.10 10/12/01 LONG BLD $38.58 10/12/01 LONG CMS $38.00
Closed 10/09/01 #1499 SHORT CMS +$290 1 DAY 10/10/01 #1529 LONG RIM +$700 1 DAY 10/10/01 #1536 LONG CLS +$450 1 DAY 10/10/01 #1547 LONG BLD (-$1150) 2 DAY 10/11/01 #1567 SHORT CLS (-$5000) 1 DAY (STOP LOSS) 10/11/01 #1571 SHORT CMS (-$3650) 1 DAY (STOP LOSS) 10/11/01 #1587 SHORT CMS +$620 1 HOUR 10/11/01 #1630 SHORT BLD (-$3600) 1 DAY (STOP LOSS) 10/12/01 #1670 SHORT CLS (-$740) 1 DAY 10/12/01 #1671 SHORT CMS (-$40) 2 HOUR
Al Collard (-$12120) Trades 3 L 7 S {Stop 0 L 3 S} Wins(40%)= 2 L 2 S {Lose= 1 L 5 S} avg Win $515 ----------------------------------------------------------------------------------
Stockpro Open 10/10/01 SHORT BCB $22.65 10/11/01 SHORT CLS $55.35
Closed 10/09/01 #1502 LONG HTR +$11760 1 DAY 10/09/01 #1508 SHORT CLS +$4900 2 DAY 10/09/01 #1517 LONG CLS +$400 2 HOUR 10/10/01 #1540 SHORT RIM (-$620) 1 DAY 10/11/01 #1568 LONG RIM +$450 1 DAY 10/11/01 #1600 LONG RY (-$290) 1 DAY 10/12/01 #1663 LONG HSE (-$2000) 1 DAY(STOP LOSS)
StockPro+$14600 Trades 5 L 2 S {Stop 1 L 0 S} Wins(57%) 3 L 1 S {Lose= 2 L 1 S} avg Win $4378 ----------------------------------------------------------------------------------
EVA
OPEN 09/19/01 BUY PDG $19.49 CLOSED 10/11/01 #1565 LONG AGE (-$1950) 6 DAY (STOP LOSS) 10/11/01 #1592 SHORT CLS (-$1850) 1 HOUR
EVA (-$3800) Trades 1 L 1 S {Stop 1 L 0 S} Wins(00%)= 0 L 0 S {Lose= 1 L 1 S} avg Win $00
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Kirby49 Open 09/20/01 SHORT BNS $45.50 09/25/01 LONG FN $21.25 Closed 10/11/01 #1566 LONG AGE (-$2200) 7 DAY (STOP LOSS) Kirby49 (-$2200) Trades 1 L 0 S {Stop 1 L 0 S} Wins(00%)= 0 L 0 S {Lose= 1 L 0 S} avg Win $00 ---------------------------------------------------------------------------------- 1st.Mate Open 09/20/01 BUY IGI $20.44 10/11/01 BUY N $21.54
Closed 10/12/01 #1664 LONG HSE (-$2000) 1 DAY (STOP LOSS) 1st.MAte (-$2000) Trades 1 L 0 S {Stop 1 L 0 S} Wins(00%)= 0 L 0 S {Lose= 1 L 0 S} avg Win $00
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Bwdik OPEN 09/25/01 Short 1000 BBD.b $14.00 09/28/01 Short 1000 BVF $72.25 Closed 10/13/01 #1679 SHORT CRY +$6590 20 DAY
bwdik +$6590 Trades 0 L 1 S {Stop 0 L 0 S} Wins(100%)= 0 L 1 S {Lose= 0 L 0 S} avg Win $6590
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BigBuk Open No Open Positions
Closed 10/09/01 #1498 SHORT BVF (-$7620) 5 DAY (STOP LOSS) 10/13/01 #1680 SHORT BBD.B (-$830) 3 DAY
Bigbuk (-$8450) Trades 0 L 2 S {Stop 0 L 1 S} Wins(00%)= 0 L 0 S {Lose= 0 L 2 S} avg Win $00
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Swami Open 09/25/01 BUY HSE $17.45 10/02/01 BUY HBC $14.15 Closed No closed Positions this week |