Posts Tagged ‘gap’
We’ve Made It, Now What?
I posted this chart on 2-9-10, which contains things you won’t understand because I don’t reveal it all. So we are here now. If you are wanting to be long, you need to see how price action handles this 1094.5 – 1096.78 area. I am short, I added to those shorts today in the morning …
Great Trades and Crushing The Long Ball
Things that sucked : I like to start off with the bad news. The GILD chart as of yesterday was a bullish setup, however, that chart turned bearish right off the bat with the egregious gap down. Their earnings were good, but the reaction was poor. GILD ended up bouncing on the day despite the …
I Hate Planting My Flag In The Sand
I hate planting my flag in the sand like this when its wrong. So far the NDX is up a whopping 1% from last Friday which is where I started laying into this short move. My options are a different story. Major decay going on there. I did add to my QID calls this morning …
Still Long Doing Nothing Unless We Gap Up
If we gap up tomorrow morning I will micromanage my index longs and cover at least half. Many things of mine were up, a few losers, the worst being TWER. My favorite part of the day was utilizing my indicators and reading the $SBUX chart. Yesterday I tweeted, “$SBUX weekly chart looks awesome, I don’t …
Long FAS, UYM, CRIS, SOL
In addition to my holds mentioned yesterday, I bought these stocks this morning on the gap down. FAS, UYM, CRIS, SOL You might have missed my SPX chart as I tend to post around 12am est. Looks like we got this exactly so far. As one of my favorite childhood tv characters friend used to …
