Friday, May 8, 2009

General observations

Ok the best of the trading looks to be over here after the first thirty minutes. I'll be keeping an eye on it, maybe just maybe fading some of the excitment may work for some daytrades. If I see anything interesting I'll post again.

Thursday, May 7, 2009

PCR

PCR continues to move higher current stop price would be @ 19.00.

Wednesday, May 6, 2009

SQNM

Yeah yeah yeah I'm gettin bitch slapped on my SQNM, however I've decided to hold this position until more news is released it could be fraud or it could be a situation that just needs more time and testing to resolve. The best strategy for positions in SQNM would be to sell now.

Daytrades only

Ok I'd be waiting until after the stress test results and labor numbers on Friday before initiating any positions. Daytrades only until Monday at the earliest.

Monday, May 4, 2009

STZ

I'm watching STZ very closely it appears to want to move higher very soon.

UNG

The UNG looks good right here time to get long. It's thick with bears so don't let this pull back too much on you set a stop around 13.80.