Tuesday, June 29, 2010

ISRG short

High risk trade Started a small short here on ISRG.

Short BIDU

I've been waiting to short BIDU and since it gapped lower today I thought I'd try it.

Monday, June 28, 2010

Heir Deadness

The markets not offering much today, it's a bit concerning. I'll keep an eye on my trades.

Friday, June 25, 2010

DDM

So far DDM hasn't given me enough of a price differential to justify adding, I think I'll have to go into next week with my initial position.

XOM

XOM looks good to start a bounce around 59.20, I picked up a starter position @ 59.70

Game plan

Buy the early weakness in the index's this morning and unload into the rally next week. I have a job this morning so this strategy should work well. "hopefully"

Thursday, June 24, 2010

NFLX

Was stopped out on the bounce, for just pennies. Yes the $ 4.00 was available on the trade however I set stops.

DDM

Started a small position @ 41.81

Tuesday, June 22, 2010

DNDN

If DNDN drops a bit below it's 200 ema play it for a bounce. Around 32.90 but wait for it to start it's bounce.

NFLX

Short @ 117.25 .........looking for a 2 to 4 dollar trade.


Added more @ 119.68. Looks like shorting one of the most bullish stocks in the market may be a bad idea. Will be holding this one at least overnight.

Monday, June 21, 2010

Fast Changes at Stock Market High

The market is making the trading as tough as possible with quick turns, gaps, fades. Keep your time frames short take profits when there on your screen. There is too much global news that can send the market reeling. Scale in on pullbacks if your looking for longer term positions.

Monday, July 27, 2009

SQNM

Sold @ 6.54, I will be looking for a re-entry on a pullback.

Friday, July 24, 2009

Consolidation

The number of stocks moving higher will greatly diminish here until we have some consolidation.

Tuesday, June 23, 2009

small lift in the markets

Ok I'll go out on a limb here and say it appears we will now rally to about 920 on the S&P.

Friday, May 29, 2009

AG stocks

POT and MOS and the other ag stocks are setting up for a move, keep your eye on them and trade with the direction. They should start to move next week.

Wednesday, May 27, 2009

X

Try some X with a stop around 31.50

Wait and see mode

Daytade the open is about all I can say here this morning, we will see how things develop.

Tuesday, May 26, 2009

CY

I still believe CY has some upside in it however getting stopped out for a dime loss is prudent on a $ 8.00 stock that's already up a over a dollar in just a few days.

CY

CY is setting up for a move higher but I wouldn't allow much downside for the trade, a stop at $ 8.10, medium risk trade.

Moves

Nice little blast higher here today, remember resistance is around Dow 8600, don't trade without a clear exit strategy, take profits where you get them. Everything is moving, an upgrade of Apple (AAPL) looks to be the safest way to play on the long side, but there are trading ideas everywhere.