Looks like the GDX/GLD is broken on the daily, as of a couple of
hours ago. Do you usually wait till end of day to call it
official, or is it considered broken at the moment it occurs?
Did anyone catch the move in FB? Of course, I did
not. Had a nice positive divergence on Aug
31 low, and gapped up on strong volume today. I wonder
if it can follow through here, or if one ought to wait for a
pullback...
No one has said that Matt and Steve don't work hard. I
certainly have not. I know they do put a lot of effort to
make it a great site and on balance, I enjoy and have learned from
it; that's why I have remained a subscriber. I think that
fact should speak volumes. I am
well awareI can cancel at anytime.
Like I said, it's a style thing. A little constructive
criticism regarding the style never hurt anybody...or maybe it
did. Wow.
No one is asking for handholding, just a little humility and
transparency. Rather than always touting the great calls, and
the "should haves" how about a 'mea culpa' once in a
while. Maybe just a style thing, but it definitely turns me
off
It seems Matt and Steve are never wrong. The "I told you
so" mantra on every frickin' trade gets old. Matt and
Steve, a little humility and telling us how you learn from
your mistakes (that you apparently never make) would be
refreshing.
Sprint (S) has been showing excellent relative strength, and is
now above both the upsloping 50 and 200 day moving
averages. Was strong again today. Maybe a nice turnaround
story with some upside.
Holy volatility, Batman! BOIL, opened higher to just under
46, dropped like a stone to under 41, and closded at 44.
Wow! Talk about a roller coaster ride. I guess a small
position size is key on that one. Nonetheless, nat gas stocks
showed great relative strength AGAIN today-LNG up
nicely...
Last night I wanted to see if anybody had any thoughts on
TBT. Apparently, the only thing people had an opinion on was
trading books...what good is a trading community if one's questions
just get ignored?
Bot a small position (of course, too small
in retrospect) in UPL and BOIL and have seen a sweet 2
day move. Expecting a pullback and trying to find a
good entry point to add. What do you guys think? RSI 2
less than 30? 9 EMA?
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Trade idea--CLH
Posted by mfogli1 on 20th of Nov 2012 at 01:45 pm
Looks to be in a bull flag right now...
GDX/GLD ratio
Posted by mfogli1 on 3rd of Oct 2012 at 02:34 pm
Looks like the GDX/GLD is broken on the daily, as of a couple of hours ago. Do you usually wait till end of day to call it official, or is it considered broken at the moment it occurs?
GDX/GLD ratio
Posted by mfogli1 on 3rd of Oct 2012 at 02:33 pm
Nice!!!
FACEBOOK
Posted by mfogli1 on 12th of Sep 2012 at 06:48 pm
Nice!!!
FACEBOOK
Posted by mfogli1 on 12th of Sep 2012 at 06:42 pm
Did anyone catch the move in FB? Of course, I did not. Had a nice positive divergence on Aug 31 low, and gapped up on strong volume today. I wonder if it can follow through here, or if one ought to wait for a pullback...
GFA bottoming play
Posted by mfogli1 on 10th of Aug 2012 at 04:57 pm
Nice rectangle bottom on GFA, up 14% today on earnings...
Wow! What a reaction...l
market comments
Posted by mfogli1 on 2nd of Aug 2012 at 08:03 pm
No one has said that Matt and Steve don't work hard. I certainly have not. I know they do put a lot of effort to make it a great site and on balance, I enjoy and have learned from it; that's why I have remained a subscriber. I think that fact should speak volumes. I am well awareI can cancel at anytime.
Like I said, it's a style thing. A little constructive criticism regarding the style never hurt anybody...or maybe it did. Wow.
Not an issue of handholding, but of honesty...
Market Comments
Posted by mfogli1 on 2nd of Aug 2012 at 06:45 pm
No one is asking for handholding, just a little humility and transparency. Rather than always touting the great calls, and the "should haves" how about a 'mea culpa' once in a while. Maybe just a style thing, but it definitely turns me off
I completely agree...
Market Comments
Posted by mfogli1 on 2nd of Aug 2012 at 06:24 pm
It seems Matt and Steve are never wrong. The "I told you so" mantra on every frickin' trade gets old. Matt and Steve, a little humility and telling us how you learn from your mistakes (that you apparently never make) would be refreshing.
XCO strong today
Posted by mfogli1 on 1st of Aug 2012 at 07:17 pm
Does anybody like a position in XCO here? Looks like it is in an ascending triangle with a breakout point of $8
STP double bottom?
Posted by mfogli1 on 26th of Jul 2012 at 04:13 pm
Anybody seeing a valid double bottom setup here?
REITs lagging
Posted by mfogli1 on 19th of Jul 2012 at 04:32 pm
REITs had been one of the strongest sectors, but underperformed badly today. Did some bad news come out about real estate today?
Yes, I agree
Look at Sprint.
Posted by mfogli1 on 28th of Jun 2012 at 07:33 pm
I hold some from lower levels, but I would wait for a pullback to the 50day to add.
Look at Sprint.
Posted by mfogli1 on 28th of Jun 2012 at 07:12 pm
Sprint (S) has been showing excellent relative strength, and is now above both the upsloping 50 and 200 day moving averages. Was strong again today. Maybe a nice turnaround story with some upside.
Look at BOIL today...and LNG
Posted by mfogli1 on 28th of Jun 2012 at 04:37 pm
Holy volatility, Batman! BOIL, opened higher to just under 46, dropped like a stone to under 41, and closded at 44. Wow! Talk about a roller coaster ride. I guess a small position size is key on that one. Nonetheless, nat gas stocks showed great relative strength AGAIN today-LNG up nicely...
Would appreciate thoughts on TBT...
Posted by mfogli1 on 28th of Jun 2012 at 10:19 am
Last night I wanted to see if anybody had any thoughts on TBT. Apparently, the only thing people had an opinion on was trading books...what good is a trading community if one's questions just get ignored?
So, again, what about TBT??
Posted by mfogli1 on 27th of Jun 2012 at 10:31 pm
So, again, what about TBT??
Is it finally time for TBT?
Posted by mfogli1 on 27th of Jun 2012 at 07:36 pm
Looked at a weekly chart of TBT. Looks like a positive divergence as well.
If this is a trade you would take, where would you enter?
Matt, you adding to PBR?
Posted by mfogli1 on 27th of Jun 2012 at 01:52 pm
Based on your projection, looks like we got the pullback you were expecting on PBR, with positive divergence on MACD. Are you adding here?
Where to add...
Natural Gas Stocks
Posted by mfogli1 on 27th of Jun 2012 at 01:48 pm
Bot a small position (of course, too small in retrospect) in UPL and BOIL and have seen a sweet 2 day move. Expecting a pullback and trying to find a good entry point to add. What do you guys think? RSI 2 less than 30? 9 EMA?