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, 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.
Friday, July 16, 2010
GOOG
Google has moved even lower pre-market then where it moved after-market yesterday.
Gold and silver gapping lower in premarket.
Gold and silver gapping lower in premarket.
Thursday, July 15, 2010
Late day
Late day rally, looks like it helped some individual stock charts look better the DIA and SPY would need a move higher with solid volume to confirm a move higher.
Keep loses small
Sell now and wait for the market to turn or scale in very very slowly. Lots of charts are starting to roll over. The market may have some more downside.
MY Bad
Should have waited for the release of the nat gas #'s, could of got a better entry. MY BAD.
Should of waited for the Dip buyers to do their thing on Tue's entry on AAPL.
XOM I still believe it has upside.
Should of waited for the Dip buyers to do their thing on Tue's entry on AAPL.
XOM I still believe it has upside.
Under Pressure
Energy is under some pressure here at the open, and the market is acting poorly.
I will hold on to CHK a bit longer if it starts moving much lower I may unload it and wait for market conditions to improve.
Holding XOM.
Holding AAPL short.
I will hold on to CHK a bit longer if it starts moving much lower I may unload it and wait for market conditions to improve.
Holding XOM.
Holding AAPL short.
Wednesday, July 14, 2010
Tuesday, July 13, 2010
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