We are into another nice bounce here resistance levels on the DIA and SPY are still in play.
I won't be around to post again til the weekend.
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, July 22, 2010
Wednesday, July 21, 2010
Wed
The futures are showing some more movement to the upside, I think the market moves a bit higher , and then we'll see some profit taking, lets hope it's light so we can consolidate a bit. Resistance on the DIA is about @ 104.00 SPY is 110.00
Tuesday, July 20, 2010
Possible strategy for today
Playing a weak open for a bounce appears to be a possible daytrade strategy today. Take profits quickly.
Monday, July 19, 2010
Monday am
The market is a bit jumpy here today, it's just trying to remind us that we should keep our timeframes short.
It's earnings season check for releases before jumping into a good looking trade setup.
It's earnings season check for releases before jumping into a good looking trade setup.
Covered Apple
Took a small profit on Apple covered @ 243.49 +4.58
Well I didn't want to hold AAPL through earnings.
Well I didn't want to hold AAPL through earnings.
Sunday, July 18, 2010
Sunday's Opinion
My early Sunday take on next week's trading methodology will be a sell the rips type mindset for faster trades and buy the dips for slower more dangerous trades.
Rapid Trader reserves the right to change market strategy at any moment. Depending on market behavior.
Rapid Trader reserves the right to change market strategy at any moment. Depending on market behavior.
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