By KP Yang on November 23, 2008
I have done 4 trades so far this month. They are McDonalds, Lorillard, Airtran Holding and Safeway Inc. I think it is about time for me to give an update on their performance so far. Quick summary, I covered back McDonalds with a small profit. Lorillard was stopped due with almost break even price. Finally, I managed to book in a 30% and 20% profit on Airtran Holding and Safeway Inc respectively.
How did I book in profit within such a volatile market condition? Let’s check it out now!
Posted in US Stock Market | Tagged Airtran Holdings, Lorillard, McDonalds, Resistance, Safeway Inc, Trading System, US Stock Market
By KP Yang on November 11, 2008
While during the election day last week, I spotted McDonalds that it is trading very near to the resistance level, I initiated a short position with a stop loss.
I opened a total of 3 short positions last week, they are McDonalds, Lorillard & Airtran Holdings Inc. I decided to cover my McDonalds short position today.
Posted in US Stock Market | Tagged McDonalds, New York Stock Exchange, NYSE, Stock Market Picks, Stock Picks
