Wednesday, September 22, 2010
Today's Trading Recap - Screen Shot
Notable stocks Traded today in the Juggernaut Room.
ORCL - we were late here, first entry was not until $5.95, Incredible relative strength and trade ability. Called it long it all the way up to 6.24-6.40. Also, on the retrace to the 200 day ma support level at 6.06. Re entered long at $6.11. Steve's mentor had large size at 5.75 in for 10k and out at 6 and 6.10 respectively.
NFLX - A monster all week, John called entries long at 151, 153 and fades aove155. Cramer just now said to take a schnitzel.
RIMM called all morning long for impressive gains both in the room and on this blog. The WSJ new tablet product release story triggered this event. RIMM currently has a uncertainty argument that should continue to work well to the upside until the release IMO. Heavy call option activity in the AM as well.