Wednesday's review

Today made hedge trade with buying MSFT and selling CSCO. MSFT - 1st time in history decide to offer own bonds and money from selling boonds MSFT will be use to buy own stocks. CSCO - not far ago reported bad earnings and as all technology are weak now. I entered when saw good technical entry points. The hedge was good and now this 2 trades are in plus zone.
DISH, CIEN, FITB - still holding this shorts. Closed NCS.
Today i saw an interesting situation on BBT. All day BBT trading up on a weak down market. It just was filling gap from 20.2 to 20.2. At 22.15 Kiev Time we saw a big divergations between falling market and our psychological indicators. We were waiting for up reverse. On chart of BBT we see 22.6 level wich formed during trading day. I decide to long from this level and was waiting for pullback. Also i needed confirm from our indicators on overall market. I was looking attentively on openbook to see if we have real support @21.6. The support was real , stock was strongly supported on 21.5-21.6 region. I entered @21.65. In 2 5min candles i saw 21.84 price but even didnt think to close. OVerally market was really oversold and BBT moved large up after even some up ticks on s&p. But then market made some down move and BBT closed only at 21.5$. I decide to close on this price on last trading minutes.
HPQ - trading on reverse. All stocks with big capitalization i trading only with market confirmation. On HPQ we saw downmove with lower and lower angle. HPQ was strongly supported all below 34$ . We could saw it on openbook. It was easy to play reverse trade. If u would be enough quick , you could enter @34.1 with targe nearly 38.2% from down move - 34.4. On this wave we saw only 34.35 high but anyway u could close with easy 20-30 points of profit.