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.
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.
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.
Wednesday, January 16, 2008
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.
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.
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