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.
Tuesday, February 5, 2008
Wednesday, January 30, 2008
Tuesday, January 29, 2008
Friday, January 25, 2008
Wednesday, January 23, 2008
Monday, January 21, 2008
Thursday, January 17, 2008
CY, QQQQ
I picked up some CY with a fairly tight stop, and a position in the QQQQ for an overnight trade.
DRYS
Whoa, got filled on my exit 20 cents below the last trade but sometimes a limit order on a day trade is risky. small winner.
Wednesday, January 16, 2008
Daytrading
What a massacre in the markets. I have just returned and have not had time to get a good read on the markets but the charts tell the story don't they.
I will not expect the markets to recover much or quickly. This appears to be daytrading time.
Wish I had sold my DISH however it is a very small position so I will continue to hold and look for a chance to scale in and then exit on a bounce. CRDC has held up well. EMC is holding, but I will unload should it continue down or add should it show strength. VNR holding.
I will not expect the markets to recover much or quickly. This appears to be daytrading time.
Wish I had sold my DISH however it is a very small position so I will continue to hold and look for a chance to scale in and then exit on a bounce. CRDC has held up well. EMC is holding, but I will unload should it continue down or add should it show strength. VNR holding.
Monday, January 7, 2008
spike
I'm inclined to believe the bears will overextend themselves soon and produce some sort of upward spike in the indices. The short side looks crowded but if enough fear is placed in the bull camp nothing will happen.
Friday, January 4, 2008
ACI
Yes I'm kicking myself for covering too soon @ 42.19............................uhggggggggggggggggggg
Whoa
Yeah it's wicked, bounces all over the place but i doubt they will run very far. Some stocks are tempting however I will resist. I will be out for a week starting Tuesday. A VACATION.
Covered my Short on ACI, +++++++++++++++, big position
Took small hits in FLML, NTAP.
CRDC, bears are relentless, a bit of selling today also.
Covered my Short on ACI, +++++++++++++++, big position
Took small hits in FLML, NTAP.
CRDC, bears are relentless, a bit of selling today also.
If possible
Stay on the sidelines if possible, and if your so inclined watch for some daytrades on the shortside. Wait for better conditions to start building any longer term positions.
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