Japanese Candlestick Trades
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Created by Ira Krakow
DESCRIPTION:

Date updated:01-24-2008

Trades I made based on Japanese candlestick indicators and other technical indicators.

Note that I may not own some of these. See "Reason for picking" for my trading log.

symbol name last price % change open
  • +
  • URI
    United Rentals In
  • $9.23
  • +0.11%
  • $9.35

Bought URI at $18.933 on December 26, 2007. URI closed at $19.05 at the close on December 26, up $0.35. My stop loss is $17.50, which I plan to increase, possibly to 18, depending on the opening action. URI had generated a bullish kicker signal the day before I bought. This is a strong bullish signal, typically based on news surprises. In this case, URI was seeking to recover $138 million from Cerberus Capital as compensation for a promised takeover by Cerberus that did not occur. December 28, 2007 - Raised stop loss to 18.20 December 31, 2007 - Stopped out at 18.20. Based on purchase (December 26, 2007 @18.93), loss of 4%.

People owning URI also tend to own: APPBFRKJBHTJRVRPETMWAGWMT

TheStreet.com Rating: D What is this?

  • +
  • BVF
    Biovail Corp
  • $14.57
  • 0.00%
  • $N/A

I bought BioAvail (BVF) at 13.45, with a stop at 12.50, on December 27, 2007. BVF closed at 13.42, essentially flat - good performance for today. January 2, 2008 - raised stop loss price to 13, 20 cents below its 52 week low. January 4, 2008 - stopped out at 13. I no longer own BVF.

People owning BVF also tend to own: ABTAMXAUYBAPBRK.BDDFCX

TheStreet.com Rating: C+ What is this?

  • +
  • HRB
    H R Block Inc
  • $20.67
  • +1.82%
  • $20.52

I bought H&R Block (HRB) on December 31, 2007, at 18.18, with a stop loss at 17. HRB closed at 18.57 on December 31. January 2, 2008 - Raised stop loss to 18. I made the stop loss 17 earlier to prevent being stopped out on the first day. The worst I can do is break even. January 3, 2008 - Stopped out at 18.01, for a 1% loss. Sold all shares.

People owning HRB also tend to own: DEBSDLXEXPOKCPLENLIZMDC

TheStreet.com Rating: No Rating What is this?

  • +
  • YHOO
    Yahoo! Inc.
  • $15.13
  • +1.07%
  • $15.03

YHOO was upgraded on Wednesday, January 3, 2008 and went up 2% to 24. Thursday and Friday saw Yahoo go down to 23. I bought on Monday, January 7, 2008 at 23 with a stop loss at 22. January 8, 2008 - raised stop loss to 22.5. Stopped out at 22.5 for a loss of 1%.

People owning YHOO also tend to own: CBSDISGOOGNWSTWXVIAAIG

TheStreet.com Rating: C What is this?

  • +
  • SBUX
    Starbucks Corpora
  • $21.73
  • -0.78%
  • $21.95

January 8, 2008 - Bought at 20.10 with a stop loss at 19. This was the day Howard Schultz, the Founder, became CEO again. Jim Cramer mentioned SBUX on Mad Money, after I bought it, of course. January 9, 2008 - In the early morning, I raised my stop loss to 19.50. Shortly thereafter, I was stopped out at 19.45, for a 3.3% loss. I no longer own SBUX.

People owning SBUX also tend to own: AAPLBRCMBTUCCJCNQCTRPGG

TheStreet.com Rating: B- What is this?

  • +
  • GOOG
    Google Inc.
  • $589.87
  • +1.18%
  • $588.19

January 9, 2008 - Bought at 637 in the morning with a stop loss at 600. At the end of the day, with GOOG over 650, raised stop loss to 620. January 14, 2008 - Raised stop loss point to 635. January 16, 2008 - Stopped out at 629.54.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • GOOG
    Google Inc.
  • $589.87
  • +1.18%
  • $588.19

January 9, 2008 - Bought at 637 in the morning with a stop loss at 600. At the end of the day, with GOOG over 650, raised stop loss to 620. January 14, 2008 - Raised stop loss point to 635. January 16, 2008 - Stopped out at 629.54.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • NVDA
    Nvidia Corporatio
  • $13.32
  • +1.99%
  • $13.13

January 9, 2008 - Bought at 28 with a stop loss at 27. Based on its closing price of 28.89 I raised my stop loss to 27.40. January 11, 2008 - stopped out at 27.28, for a loss of 2.25%. I no longer own NVDA. NVDA closed at 27.05.

People owning NVDA also tend to own: EDUINTCOFIXUAUAAAPLALJCSCO

TheStreet.com Rating: D+ What is this?

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