Posts Tagged ‘breakout’


Posted by StockRake on April 29, 2010 in Foreign Currency, Gold Stocks, Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades

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 …

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Posted by StockRake on December 17, 2009 in Technical Analysis, Trades

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 …

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Posted by StockRake on December 11, 2009 in Stock Comments, Technical Analysis, Trades

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 …

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Posted by StockRake on October 9, 2009 in Financials, Japan Stocks, Leveraged ETFs, Leveraged Funds, Options, Trades

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. …

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Posted by StockRake on September 15, 2009 in coal stocks, dry bulk shipping stocks, Gold Stocks, Leveraged Funds, Mining Stocks, Natural Gas Stocks, Oil Stocks, Options, Retail Stocks, Solar Stocks, Steel Stocks, Stock Market Charts, StockRake Rewind, Technical Analysis, Trades, What Worked Today

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% …

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