Trade setups that produce $1 to $6 moves. Investment ideas and general market trends. Remember the "Market" doesn't care what Santa thinks of you.
Friday, May 11, 2007
Thursday, May 10, 2007
Review
Today was the only day this week that I've been able to put in a full day.
The market sold off, and tomorrow doesn't look to be that great either, I'm guessing a lot of sell orders will take us down at the open and then some sideways action the rest of the day, again I will be leaving after the first 1 1/2 hours of trading.
LVS will most likely move to the 73.5o range within the next week or so where I may become interested in it.
Watching DRYS for a possible shortsided daytrade.
NYX, looking for a long sided daytrade, looks better at the 81ish level.
MRVL, stops in place
QID, hedge
The market sold off, and tomorrow doesn't look to be that great either, I'm guessing a lot of sell orders will take us down at the open and then some sideways action the rest of the day, again I will be leaving after the first 1 1/2 hours of trading.
LVS will most likely move to the 73.5o range within the next week or so where I may become interested in it.
Watching DRYS for a possible shortsided daytrade.
NYX, looking for a long sided daytrade, looks better at the 81ish level.
MRVL, stops in place
QID, hedge
MRVL
Heavy selling pressure. Looks like a reversal but may just be a fake out, possibly nerves in front of earnings. I'm not exactly sure. Best way to handle this is sell and wait till after earnings. I wish that was what i was going to do.
X
Short some X @ 112.22, i will be quick to cover if it goes against me.
LVS, i did not enter due to my belief that it will be a negative day however i might buy a piece time will tell.
LVS, i did not enter due to my belief that it will be a negative day however i might buy a piece time will tell.
Wednesday, May 9, 2007
Subscribe to:
Posts (Atom)