Posts Tagged ‘breakout’
Gold, Its No Coincidence
Two sectors working right now are Guns and Gold. Is it a coincidence with the market taking a 1 day hit that killed the uptrend line, closed below some 21d ema’s, looming financial regulation, European debt rating downgrades, and with the European issues bubbling up? No. There are no coincidences. Only what is. I’ve been …
Why I Went Long RIMM Before Earnings
Intraday I use a 60 min chart for stuff I feel like trading intraday which could be for options or stocks. I use this with stocks that often have big intraday moves, options on 2x etf’s such as SSO, or options on highly liquid stocks like BAC and AIG. With my daily chart I use …
Update On Positions
-Added to C calls -Bought AMAT calls based on call activity – down day today – and my post about its breakout over the last weekend -Trimmed CSUN and FEED due to them being in danger of rolling to sell signals -Bought some MGM for a daytrade -Bought UCO based on USO and OIH charts …
New Account Highs, For The Year
Today was a good day. Not in TM anymore, will buy it back. Kept my longs in NDX, SPX, RUT. Sold all BAC and UYG this morning and then rebought BAC Nov 17.5s. UNH was the only dud and I sold it in a panic this morning. It was actually the right thing to do. …
Its Been A Good Month
Where do I start? The long RUT did 1.6%, and the SPX and NDX did .60%. I cashed out of this long trade today at the close. ======== Charts posted starting on 9-1-09 =============== What happened since Said it numerous times on twitter as well. Individual trades during this time frame ABX 346%, GFI 214% …
