Posts Tagged ‘gap down’
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 …
What I Did On Friday, What’s Coming Next Week
The NDX charts demonstrates how I saved myself from eating a big loss. I got out on the gap up. The reason was the little gap up was showing me enough information for a weekly signal. I knew it had to selloff and that would give me the information I needed to make a decision …
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 …
Ruby Tuesday’s Buffalo Burger Is Delicious
Ruby Tuesday’s buffalo burger is delicious, but that’s not important right now. That mother F’er of a stock which I traded so regularly months ago has slipped away silently like a ninja right from under my nose. As you know, well you might not know if you don’t read my blog, I’ve been short for …
Junk Portfolio Up 46.89% Since End Of March
My junk portfolio of GMO, BLDP, CRIS, SPPI, EVK, KLIC, SYNM is up 46.89% since the 3-30-09 market gap down open which is where I went in. If you don’t follow my twitter feed you won’t know, but I bought GKK (got stopped out for 4% gain, but it was a poorly placed stop. GKK …
