Out at $2.50 for $0.35 profit. Would like to re-enter at a lower level.
(AMD: 6.85 -1.86%) reports earnings on January 29, 2013.
I went long (AMD: 6.85 -1.86%) at $2.15. Looking for the $3+ gap fill.
Volume looks good – higher on up days, lower on down days – confirming the break out of the falling wedge pattern.
Click chart to enlarge
The Superstitious Fund Project is a live one year experiment where an uncanny algorithm or SUPERSTITIOUS AUTOMATED ROBOT will trade live on the stock market. The financial instruments it will be using will be spreadbetting on the FTSE 100.
The superstitious trading algorithm will trade purely on the belief of NUMEROLOGY and in accordance to the MOON. It will for example have the fear of the number 13, as well as generating its own beliefs and new logic for trading
According to Finviz, short float on (SPY: 216.52 -0.11%) is 42%!!! Incredible. Hmmm, not too comfortable with that, seeing as I’m short SPY as of last Friday.
*Many in the stock-blogo-sphere accompany their posts with pictures of “hot” women. I take it upon myself to continue elevating your taste in the visual diversion, and I’m calling the initiative “anti-boob” (although there will be occasional nudity).
This particular piece is a parody on Van Gogh. Not the master himself, but we gotta start somewhere!
A potentially embarrassing admission: I went long (QQQ: 114.58 +0.69%) on Thursday (via Nov ’11 options). Not sure why I was so impatient. Oh wait, I know. It was just a batshit crazy week, what with the Full Moon, meteor showers and other stellar formations.
Anyway. Don’t think I’ll regret it, even if I was early.