Posts Tagged ‘uptrend’
Posted by StockRake on February 26, 2011 in Trades
I Swapped To The Short Side
This is a slight chance I’m taking here going short. The trend is still up, but the reasons I see are one major crackage in breadth – number of stocks turning up vs turning down, several indicators I look at on weekly and daily time frames are deteriorating, and the bounce today was good in …
Posted by StockRake on July 9, 2008 in Biotech Stocks
Biotech Breakout
Biotech stocks brokeout today. Its official uptrend for biotech. From this point forward buy the dips. This is the chart I posted on May 30th. I was saying at that time that there are signs of a move happening in this sector and that new up trend is possible. I said it in a shorthand …
Posted by StockRake on October 2, 2006 in Market Comments, Trades
Sold The CAB Calls, Got Short Elsewhere
Sold the CAB calls, bought DIA puts and IWM puts. I’m up nice on IWM puts, but still down a bit in the DIA puts. I think the dow will continue to selloff though and make those profitable. I also swapped my index funds to the short side this morning. We may have to wait …
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