Posts Tagged ‘breakouts’
A Good Day Despite A Flat Tape Thanks To $RIMM
I understand why some people might not understand my techniques. I don’t share them in detail. You only get to watch. How does one go from being bearish on February 23rd, explaining my reasons on Feb 25th why I am turning bullish, to being bullish on Feb 26th and buying things for the following week? …
Market Rallying Strong Glad I’m Long
I laid out my trading plan last night and even last Friday. So far it was right on the money. Minor selloff into Fed meeting and now a rally post Fed. Ben Bernanke must be a fan of the Olympics because the market is rallying right into the torch ceremony. I kid. I joke. I …
Breakout Candidates and Wrap Up
I moved some money to an index long position. Its a very very lite position. I’ve already bitched about PWAV breaking out and how I called it and traded it, but didn’t stay in long enough for it to materialize. So this time I’m going to post about some other stocks that may breakout or …
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 …
What Worked Today 11192007
Patience. I’m waiting to strike for the next trade. I’m in cash looking for a tradeable bottom tomorrow for the indexes. The Fed speaks tomorrow. If the morning is weak, I just might be buying it. Last week (November 14th) I said: “As far as new trends nothing looks all that good right now, but …
