Posted by frtaylor on 20th of Feb 2011 at 05:59 pm
For me, a novice to the stock market generally (began paying
attention in fall '08), and technicals in particular (joined BPT in
August), this represents the main reason to devote more % to the
GDX swing system for my admittedly small accounts. It really won't
matter what the market does if I'm trading GDX; just obey the
mechanical signals. Does this make sense? I'd love to hear any
feedback.
Posted by frtaylor on 20th of Feb 2011 at 08:34 am
This one's only been around since 2007. All-time high of 19 and
change. Took a huge hit thereafter; looks to be basing for
the last couple years. Two things caught my eye: 1) it's trading at
six times earnings (YGE for ex is 18x earnings), and 2) it hasn't
broken out like many of the other solars.
Got this idea from a Street.com article on the solars:
Posted by frtaylor on 18th of Feb 2011 at 11:52 am
Today, TLT has retraced 50% of the advance off the 5th wave low
of $88.14. So, it seems like a good Fib spot to take an early
initial position long, yes?
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Oooh, I love it when
SPX 1 Minute
Posted by frtaylor on 22nd of Feb 2011 at 03:31 pm
Oooh, I love it when you say "respect the trend!"
Well, I shorted at 59.50,
Matt or Steve, GDX has crossed the GDX:GLD rato uptrend line, at ...
Posted by frtaylor on 22nd of Feb 2011 at 12:59 pm
Well, I shorted at 59.50, and so far it seems to be going my way.
Matt or Steve, GDX has
Posted by frtaylor on 22nd of Feb 2011 at 12:50 pm
Matt or Steve, GDX has crossed the GDX:GLD rato uptrend line, at least for the moment. I'm using freestockcharts.com. Are seeing the same thing?
TLT has broken the downtrend
Posted by frtaylor on 22nd of Feb 2011 at 10:57 am
TLT has broken the downtrend line.
For me, a novice to
New bull or hibernating bear?
Posted by frtaylor on 20th of Feb 2011 at 05:59 pm
For me, a novice to the stock market generally (began paying attention in fall '08), and technicals in particular (joined BPT in August), this represents the main reason to devote more % to the GDX swing system for my admittedly small accounts. It really won't matter what the market does if I'm trading GDX; just obey the mechanical signals. Does this make sense? I'd love to hear any feedback.
CSUN solar stock - watching
Posted by frtaylor on 20th of Feb 2011 at 08:34 am
This one's only been around since 2007. All-time high of 19 and change. Took a huge hit thereafter; looks to be basing for the last couple years. Two things caught my eye: 1) it's trading at six times earnings (YGE for ex is 18x earnings), and 2) it hasn't broken out like many of the other solars.
Got this idea from a Street.com article on the solars:
http://www.thestreet.com/story/11016048/3/solar-earnings-few-surprises-so-far.html
Well, I went ahead and
TLT - good time to start a position, Matt?
Posted by frtaylor on 18th of Feb 2011 at 12:21 pm
Well, I went ahead and bought some at 89.15.
TLT - good time to start a position, Matt?
Posted by frtaylor on 18th of Feb 2011 at 11:52 am
Today, TLT has retraced 50% of the advance off the 5th wave low of $88.14. So, it seems like a good Fib spot to take an early initial position long, yes?
I sure hope so, I
Copper - Did an about turn today so no short trade trigger...
Posted by frtaylor on 17th of Feb 2011 at 04:10 pm
I sure hope so, I went long JJC.
well, a reversion back to
stp
Posted by frtaylor on 17th of Feb 2011 at 11:40 am
well, a reversion back to the mean, i.e. a positive surprise, is at least as likely.
covered JJC
Posted by frtaylor on 17th of Feb 2011 at 10:58 am
JJC basically hit the uptrend line, so I covered. Watching for a bounce here to re-enter.
VDSI whoa!
Posted by frtaylor on 17th of Feb 2011 at 09:34 am
LDK going!
Posted by frtaylor on 16th of Feb 2011 at 10:00 am
50 cent move, yay! Thank you Matt.
CRZO - over 35.48
Posted by frtaylor on 15th of Feb 2011 at 03:22 pm
I shorted JJC yesterday at
Dr. Copper....
Posted by frtaylor on 15th of Feb 2011 at 12:48 pm
I shorted JJC yesterday at 61.52. Tight stop over the highs.
SHZ - symmetrical triangle?
Posted by frtaylor on 15th of Feb 2011 at 11:37 am
Matt, is that a symmetrical triangle on SHZ? I'm looking at a 30 min chart, triangle upper line starts at the high from Feb 8.
dunno, probably sell some if
auth
Posted by frtaylor on 15th of Feb 2011 at 10:05 am
dunno, probably sell some if it moves up to that gap eventually.
this one's a Weinstein base,
auth
Posted by frtaylor on 15th of Feb 2011 at 10:02 am
this one's a Weinstein base, I'm holding for the long run.
ANDS - bull flag?
Posted by frtaylor on 15th of Feb 2011 at 08:27 am
ANDS looking like a nice consolidation yesterday, with declining volume. C'mon breakout!
Enjoyed it.
WAS GOOD FUN FOLKS.
Posted by frtaylor on 11th of Feb 2011 at 05:08 pm
Enjoyed it.