Trading Movies
Posted by StockRake on January 16, 2012 in Other
I’ve been using Netflix streaming for about a month and watched my fair share of older movies. See Netflix streaming sucks if you want to see the latest movies. Its more of movie library of movies from a few years ago. They have some 2011 and some 2010 releases, but overall the selection is weak. ...
80% Chance Of Showers and Down Move
Without posting proof of such a claim, I don’t feel like posting a screenshot, but the COMPX is overbought here. More than not, alot more, we will see a pullback in the market over the next 5 days. It tends to come quickly when it does. I’m short via 2x NDX and RUT funds, bought ...
Finding A Technical Co Founder, It Ain’t Easy
So I’ve been working on my startup, iCalledit.com, for roughly 10 months. We bootstrapped and hired different programmers at different times. One got poached from us and moved to California for Y-Combinator and got funded. Very cool. Trying to convince and find a programmer to join your startup is extremely difficult. In south Florida, its ...
Two Positions and Waiting
Long GOOG and short via QQQ puts. Both are small positions and I’m waiting for some sign of either direction. The market continues to straddle precarious versions of a breakout and breakdown, although it leans more towards breakout on shorter term, while the bearish case continues to look ok on the longer term chart. Recently ...
My 2011 Year End Review Infograph
Posted by StockRake on December 25, 2011 in Market Comments, StockRake Rewind
What’s In Store For the Market For 2012? I’m not sure, but I always remember something my dad once told me. Son, never bet against scantily clad villagers who stare endlessly at the night sky. The COMPX and RUT are still trading below, a now arcing lower, 50w moving average. Still not a bullish trend ...
The Post I Was Supposed To Post Before This Post
So I was long up until yesterday’s close. I rode through the hellacious moods of the market until yesterday where I basically said screw it and sold. Today the market ripped a horse’s ass to the upside. Great. Perfect. Only saving grace was not going short yesterday. Bought some TNA around 3:15pm because the fact ...
Real Quick, Here Is What I Did
Posted by StockRake on December 12, 2011 in ETFs, Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Seeing the futures start to slip early last night, and being up till 3am I saw they were really off a little more. Then this morning they were off close to 100. I cut my funds and took the loss. I also sold my AAPL call for loss as well. I kept everything else. I ...
Flipped Today To Long
Posted by StockRake on December 10, 2011 in ETFs, Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Yesterday I won being short and that was erased today. I pressed it yesterday by keeping 90% of my shorts on and only sold FAZ. Those trades went from winners to losers. I woke up late and with the slice through the 21dema yesterday and the absence of any major oversold indications (not even on ...
Market Definitely In Lockout Mode
Posted by StockRake on December 7, 2011 in Market Comments
Mark Minervinni posted something about the market is possibly in lockout mode. This is where the market remains overbought and gives very little pullback for bulls to buy. Essentially locking buyers out and missing the stampede. The way the futures are acting on a nightly basis plus the fact that the COMPX has gotten overbought ...
RUT May Be A Decent Day Trade Short Tomorrow
Posted by StockRake on December 1, 2011 in Market Comments
The RUT triggered on the last bar of the day. Its an early sell warning type signal. This signal went long Monday morning on that big FU gap up. Now its turning down. BIG HOWEVER, is that its probably a pull back short. Also seeing the MACD turn up as of yesterday on monster price ...
Recent Posts
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Trading Movies 16 Jan 2012
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80% Chance Of Showers and Down Move 12 Jan 2012
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Finding A Technical Co Founder, It Ain’t Easy 10 Jan 2012
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Two Positions and Waiting 05 Jan 2012
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My 2011 Year End Review Infograph 25 Dec 2011