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.
Wednesday, September 22, 2010
Tricky
Woo-hoo this market is throwing some rough trading out there right now. Generally when everything turns to *^%# it's time to take a break. I'm seeing things in the charts that you just don't run across very often, i mean rarely do you see things turn around in the charts so strongly so quickly. I could reach a conclusion that we are about to see a big move in the market. However the big reflation trade that ended in march 09 had characteristics that made getting long difficult and getting short painful. I will continue to keep position size down.
Tuesday, September 21, 2010
ADBE
Yikes......... ADBE getting absolutely slammed after releasing poor guidance in the earnings call.
Never hold through earnings even when all looks fair.
Never hold through earnings even when all looks fair.
Monday, September 20, 2010
covered
covered the SPY short as well as the AMZN short, just trying to preserve my account before losses turned serious.
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