China Stocks
CHL and NEM Two Huge Cup and Handle Formations
Was checking out the CBOE iPad app and noticed CHL made the most active options list. Decided to check the chart and it looked good on the lonnnnnnnger term basis. Same story with NEM here. The difference is this sector, the miners, are catching some mojo here.
This Post Is Chock Full Of Useless Information
Not that this title matters to anyone else, market could easily complete the blowoff top this week. What I’m looking for is a relief week (this week). We get a red weekly candle that either last 1 or 2 weeks, and I’d buy for a new high or a move to test the highs lets …
Same Plan Nothing Has Changed
I’m not looking for a top, I will let the top tell me when that is. I know a few visitors are not liking that I continue to talk about doing nothing, but that is my plan. I’m position for the move, I’m riding the move, I’m not analyzing it because according to my system, …
Trade Ideas 10-2-2010
There are some Uranium stocks and Palladium stocks in this list. Some of these are value plays, some other straight momo plays like the uranium stocks. However, something like CYD is a bit of both. Disclosure: I own DNN and URZ.
Back To Cash, Gold, Inverse Emerging Markets
Took gains in everything this morning. 2x funds SPX, NDX, and RUT at the morning price. Although waiting until the end of the day would have yielded better returns, I wasn’t about to chance losing the 8-9% morning gain. I also took my gains in X calls, CENX stock, TEVA spread, and took a small …

