Posts Tagged ‘breakdowns’
Posted by StockRake on January 22, 2010 in dry bulk shipping stocks, Leveraged Funds, Market Comments, Semiconductors, Stock Market Charts, Technical Analysis
More Breakdowns, But Market Will Bounce, Then…
The market had a major break today. Some things broke while other things are close. I’m looking for a bounce next week and will look for shorting opportunities after that. Still waiting on the telecom bounce in VZ, T, MOT. Charts show a few trades I made today. Some winners, some losers. Not bad for …
Posted by StockRake on June 21, 2008 in China Stocks, Market Comments
How Many Cracks Will The China Dam Take?
In this chart of the FXI it shows previous breakdowns that this pattern, lets call the “fish hook” have led to at least one more day of new lows. Its the fish hook, because fish hooks when fish hooks enter the water, they go down. Some people just refer to these patterns as “bear flags” …
Posted by StockRake on November 29, 2007 in What Worked Today
What Worked Today 11282007
Holy Smoketh! The market raged on as the short’s anooses burned. Being long. I got 7.2% in the RUT and 6.06% in the NDX from yesterdays closing price. When I split my position, I actually slightly lost out on the opportunity to make more by being solely in the RUT. I’m not complaining though. It …
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