Thursday, January 17, 2008

CY, QQQQ

I picked up some CY with a fairly tight stop, and a position in the QQQQ for an overnight trade.

YES

Yeah it's time to put some money to work in your favorite stocks.

CY

CY at 25.00 are u kidding me?

DRYS

Whoa, got filled on my exit 20 cents below the last trade but sometimes a limit order on a day trade is risky. small winner.

DRYS

DRYS looks interesting for a short term trade.

Wednesday, January 16, 2008

AMD

AMD is trying to form a bottom off the Intel earnings call.

UGLY, bounce?

Its ugly, however we are setting up for a small bounce here while the dow is at 12450

Daytrading

What a massacre in the markets. I have just returned and have not had time to get a good read on the markets but the charts tell the story don't they.
I will not expect the markets to recover much or quickly. This appears to be daytrading time.

Wish I had sold my DISH however it is a very small position so I will continue to hold and look for a chance to scale in and then exit on a bounce. CRDC has held up well. EMC is holding, but I will unload should it continue down or add should it show strength. VNR holding.