Showing posts with label Short the market. Show all posts
Showing posts with label Short the market. Show all posts

Monday, February 14, 2011

Thursday, February 10, 2011

Manila Electric Company (MER)



Trending down in an accelerated manner. Bearish flag breakdown at 224.
Hypothetically short at 119. Looking to cover(initial) at 200.
If it breaks below 200, best level to cover is at 156.

Tuesday, February 8, 2011

Meralco (MER)

Shorting 1000 shares at 218 if 220 is broken down.

Charts later.

Thursday, February 3, 2011

Alliance Global Group

Short the market: Open position




Sold 8500 shares at 11.72 (doji).

Trailing stop 11.50

Stop loss: .20

Cover shorts at 11.40-11.30

Short the Market

Playing the hypothetical "short the market" game.

Standard short selling rules(can keep short positions overnight).

Initial Equity: P500k
Maximum open positions: 3


*Once the hypothetical account gets blown up, time to go long on the real market.

Open Short Position:

AP 4000 shares at 27.15 - down 0.05% - stop loss 5%
MER 1000 shares at 119 - stop loss 5%

Aboitiz Power Corp (AP)

Short the market candidate:



Sell 4000 shares once prices break below 26.90(26.80).
Double up positions once prices break below 26.20(26.10).

Trailing stop at 24.50-24.15.

Cover short positions at 22(Symmetrical triangle target: 22.10)

Stop loss 5% on average entry.