1. SHORT the week of 4.11.05 at $22.08 with a stop at $28.98. Traded down to $17.67 in mid-August, then bounced up to around $20 in September before surging up and through my $23.42 stop the week of 10.24.05. Loss of -15.4%
2. Reversed to LONG the week of 10.24.05 at $25.47 with an $18.89 stop. Steadily traded up to $36.99 the last week of March 2006, but ran out of steam and drifted back down to my stop at $28.46 the week of 5.15.06. Loss of -0.6%
3. Reversed to SHORT the week of 5.15.06 at $18.25 with a stop at $33.80. Traded sideways in a $20-25 range through the summer and into September, then quickly jumped up and over my $27.86 stop the first week of October. Loss of -10.9%
4. Reversed to LONG the week of 10.2.06 at $28.08 with a $20.88 stop. Continued its move upwards for the rest of 2006, kicking off 2007 at $40, then got stuck in $40-45 range through July before dropping below my $35.10 stop the week of 8.6.07. Gain of 24.8%
5. Reversed to SHORT the week of 8.6.07 at $35.03 with $48.56 for a stop. Slowly drifted down to a low of $17.70 the week of 4.7.08, then reversed direction and moved up just barely enough to trigger my stop at $26.86 the week of 5.5.08. Gain of 22.9%
6. Reversed to LONG the week of 5.5.08 at $27.00 with my stop at $17.71. Reached a high of $35.85 in August, but the the financial crisis began to weigh on the stock in September, driving the price below my $21.00 stop the week of 9.29.08. Loss of -22.2%
2. Reversed to LONG the week of 10.24.05 at $25.47 with an $18.89 stop. Steadily traded up to $36.99 the last week of March 2006, but ran out of steam and drifted back down to my stop at $28.46 the week of 5.15.06. Loss of -0.6%
3. Reversed to SHORT the week of 5.15.06 at $18.25 with a stop at $33.80. Traded sideways in a $20-25 range through the summer and into September, then quickly jumped up and over my $27.86 stop the first week of October. Loss of -10.9%
4. Reversed to LONG the week of 10.2.06 at $28.08 with a $20.88 stop. Continued its move upwards for the rest of 2006, kicking off 2007 at $40, then got stuck in $40-45 range through July before dropping below my $35.10 stop the week of 8.6.07. Gain of 24.8%
5. Reversed to SHORT the week of 8.6.07 at $35.03 with $48.56 for a stop. Slowly drifted down to a low of $17.70 the week of 4.7.08, then reversed direction and moved up just barely enough to trigger my stop at $26.86 the week of 5.5.08. Gain of 22.9%
6. Reversed to LONG the week of 5.5.08 at $27.00 with my stop at $17.71. Reached a high of $35.85 in August, but the the financial crisis began to weigh on the stock in September, driving the price below my $21.00 stop the week of 9.29.08. Loss of -22.2%
7. Reversed to SHORT the week of 9.29.08 at $21.00 with a $33.74 stop. Dipped slightly to $17.75 two weeks later, then traded in a narrow $20-22 range through March before rising above my $26.22 stop the week of 4.6.09. Loss of -28.1%
8. Reversed to LONG the week of 4.6.09 at $26.90 with my stop set at $18.51. Got on a roll and never looked back, climbing all the way through 2010 to a high of $145.76 the second week of January 2011. Of course, missed earnings the following week immediately brought the stock all the way back down to my stop at $116.40. Gain of 308.8%
9. Reversed to SHORT the week of 1.18.11 at $109.97 with a nose-bleeding $150.76 stop. This trade got off to a horrendous start, bouncing right back up to $129.92 just a month later in mid-February, but since then it has sold off pretty steadily, closing Friday at $93.56 with a stop at $129.90. Gain of 14.9%
Scorecard:
Winning Trades: 4 | 44.4% | $28.62/share avg.
Losing Trades: 5 | 55.6% | -$3.64/share avg.
Average Trade: Gain of 32.7% | $10.69/share
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