Did You Short DRYS Yesterday? I Could’ve Helped You Get That

Home / dry bulk shipping stocks / Did You Short DRYS Yesterday? I Could’ve Helped You Get That
January 29, 2009

Now I should preface, that I didn’t catch DRYS short yesterday as I guess I wasn’t looking. Normally I follow them closely, but you look away one day and you miss things. After reading Gio’s blog I saw he did catch it – nice move! So naturally I go and check it on my charts. Damn it was there – yesterday! Easy as can be.

drys

So if you have a stock in mind, ask me about it, I’ll check my signals, and maybe we both can profit on it next time :D .





Related Posts

Get Your Helmets Ready
Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Get your helmets ready, because the bear shitters finally got a worthy down day and this time, things look different. First thing I did was sell my...
Bought Some Things Sold Some Things
Agriculture Stocks, China Stocks, dry bulk shipping stocks, Leveraged Funds, Semiconductors, Trades
First, still long the indexes. I’m waiting for a reason not to be in that position. Minor hit today. I expected a move in the first part of...
I’ve Been An Idiot This Week
dry bulk shipping stocks, Technical Analysis, Trades, Uranium Stocks
After getting slammed with the Friday’s shorts and into Monday’s melt up, I moved to the sidelines. I knew we were going higher after...
Trade Recap
Options, Trades
Today kind of sucked due to my EAT calls getting squashed after they reported earnings the stock dropped large. I think I took a 50% hit on them. I...

  • Joe

    Hey Sensei what does your chart say for DXO and SRS? What program are you using or is that some kind of proprietary thing that gives you the signals for buy/sell? How has it worked overall? You trust it more than not?

    Thanks…we can't catch all the rides but the trains never stop moving…

  • http://www.stockrake.com StockRake

    DXO currently on a sell, but its not solid. What I mean by that is that DXO is flickering back and forth right now. As I typed it went back to buy. Plus on other time frames its still holding up. I wouldn't say its a clear sell. Avoid for now, tomorrow could open up to a multi-time frame buy signal. Best to wait imo and that means nothing right now.

    SRS – As of 2:28pm a buy. Around 52 and change…I'll post both charts tonight. Thanks for asking!

    Its my own proprietary signals I made. As for how its working for me? I was up 56% inside the first 9 days of Jan using this method, then I gave it all back and then some the rest of Jan forcing trades that weren't true buys and sells. I needed a chill pill once I hit those gains. I'll get it back though because this stuff works very well.

    I trust it completely. However, be careful of overnight holds if you have a profit already.

    Example: I held FAS overnight while having a 15% gain (which was dumb) without selling any of it and then the next day FAS opened up down 20% or something.

  • stoxtar

    Any chance you're going to divulge that signal formula of yours soon? haha.
    What does your crystal ball have for long COF and INWK and short SPH?

  • http://www.stockrake.com StockRake

    Stoxtar,
    I'll post charts of all of those on the latest post in a few minutes.

  • stoxtar

    Any chance you're going to divulge that signal formula of yours soon? haha.
    What does your crystal ball have for long COF and INWK and short SPH?

  • http://www.stockrake.com StockRake

    Stoxtar,
    I'll post charts of all of those on the latest post in a few minutes.