Banks are weak, but Contrarian to all technical sentiment,
I scaled into a few banks based on their being at the
bottom of their uptrending channels that started in March and more
recently from Nov 3. I plan on adding more at the uptrend
support and will exit on a break of either side of the long term
channel.
Interested in the major widely traded banks C BAC GS, looking at
adding WFC MS JPM
...so the specialist on the floor saw your stop order way down
there, reached in an plucked it for himself. It works
that way on these thinly traded stocks.
Does anyone else have intermittant problems with losing the top
control bar & the audio "PAUSE" button in Matt and Steve's
nightly reports when paging down through the charts? I like
to pause the audio often to view a chart but often lose my place
when the bug occurs.
Its a day to day thing, and I can't tell if its reports from
Steve or Matt in their report preparation or a bug in my
browser. Steve's 7/13 update works fine but Matt's
7/12 newsletter did not.
There has been some churn with JAVA lately, maybe that is the
problem.
For Windows, they released update 13 a week or two ago and
immediately followed it up with update 14. It infuriates me
that Sun Micro does such beta testing of these updates on
the planet!
Matt/Steve can you please shed some color around the bear wedge
comments for SPY, QQQQ, SPX & and bull comments for SDS vs
the inverse Head and Shoulders comment for the Financials
- BKX and XLF???
The VOLUME has really trailed off over the day, so what can that
mean? Can it be a slide into the close to continue the
downward channel from last Thursday?
I have been drawing support and resistance lines all day around
FAS & FAZ with an eye towards a refilling of the
gaps. I assume that could or will happen in a market
pull back but it does bet against the trend.
Ditto on holding the shorts, I sold all my longs last week in
anticipation of THE pullback, ending up with the same results.
Meanwhile, I paid the rent with a few scalps in today's
1minute channels of FAS & FAZ. Thanks everyone for
what you teach me, including the hard lessons.
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Fed Chairman Ben B affirmed
TBT too a big dip today
Posted by straws on 16th of Nov 2009 at 07:14 pm
Fed Chairman Ben B affirmed today that rates are going to be kept low.
try a "system restore"
Computer whizzes
Posted by straws on 15th of Nov 2009 at 06:01 pm
try a "system restore"
C GS BAC scale-in, looking at WFC MS JPM
Financials
Posted by straws on 13th of Nov 2009 at 05:50 pm
Banks are weak, but Contrarian to all technical sentiment, I scaled into a few banks based on their being at the bottom of their uptrending channels that started in March and more recently from Nov 3. I plan on adding more at the uptrend support and will exit on a break of either side of the long term channel.
Interested in the major widely traded banks C BAC GS, looking at adding WFC MS JPM
...so the specialist on the
Strangely stopped out of RPT
Posted by straws on 10th of Aug 2009 at 10:11 am
...so the specialist on the floor saw your stop order way down there, reached in an plucked it for himself. It works that way on these thinly traded stocks.
The lack of threaded posts is
New Blog
Posted by straws on 27th of Jul 2009 at 04:15 pm
The lack of threaded posts is a serious loss of functionality.
I agree, I have been
Mech systems
Posted by straws on 24th of Jul 2009 at 03:53 pm
I agree, I have been completley paralyzed by the words "PULLBACK" and "OVERBOUGHT" since about March 15, 300 S&P points ago.
What this Market is really Like for us Techs vs. the PPT
Posted by straws on 24th of Jul 2009 at 08:19 am
http://www.youtube.com/watch?v=9ub5RlMrfOc
Doesn't that look like a
knocking on bear's door
Posted by straws on 22nd of Jul 2009 at 02:12 pm
Doesn't that look like a very bullish RSI and postitive divergence in the MACD since Oct 2008?
viewing Newsletter and Nightly Updates?
Posted by straws on 14th of Jul 2009 at 08:50 am
Does anyone else have intermittant problems with losing the top control bar & the audio "PAUSE" button in Matt and Steve's nightly reports when paging down through the charts? I like to pause the audio often to view a chart but often lose my place when the bug occurs.
Its a day to day thing, and I can't tell if its reports from Steve or Matt in their report preparation or a bug in my browser. Steve's 7/13 update works fine but Matt's 7/12 newsletter did not.
ZSL60min.png Any more thoughts on ZSL
Posted by straws on 19th of Jun 2009 at 04:17 pm
Any more thoughts on ZSL - the Ultra Silver ETF?
There has been some churn
BLOG - Blackberry (Matt)
Posted by straws on 16th of Jun 2009 at 08:49 am
There has been some churn with JAVA lately, maybe that is the problem.
For Windows, they released update 13 a week or two ago and immediately followed it up with update 14. It infuriates me that Sun Micro does such beta testing of these updates on the planet!
Was there a 4/26 Commodity
Posted by straws on 27th of Apr 2009 at 08:14 am
Was there a 4/26 Commodity Newsletter published by Matt? I can't find one..., or having technical/network difficulties
OPEN OFFICE IS OUTSTANDING. Lets
Off topic -- Open Office
Posted by straws on 23rd of Apr 2009 at 04:28 pm
OPEN OFFICE IS OUTSTANDING. Lets hope that Oracle buying SUN doesn't ruin it.
Title: FEED WAS A MONSTER ...because
FEED
Posted by straws on 21st of Apr 2009 at 03:07 pm
...because a COVESTOR.COM champion named Sykes plugged it on THESTREET.COM yesterday as the only long in the universe worth buying.
Matt/Steve can you please shed
SDS 60 min chart.png Here's a 60 min chart of SDS ...
Posted by straws on 14th of Apr 2009 at 08:52 am
Matt/Steve can you please shed some color around the bear wedge comments for SPY, QQQQ, SPX & and bull comments for SDS vs the inverse Head and Shoulders comment for the Financials - BKX and XLF???
The VOLUME has really trailed
NBR
Posted by straws on 8th of Apr 2009 at 01:34 pm
The VOLUME has really trailed off over the day, so what can that mean? Can it be a slide into the close to continue the downward channel from last Thursday?
Title: $DJR pattern question on a
SRS
Posted by straws on 3rd of Apr 2009 at 02:00 pm
on a 1 min chart... Is that what is known as a "Cup and Handle" that would play to the upside?
I have been drawing support
ETF thought
Posted by straws on 3rd of Apr 2009 at 12:19 pm
I have been drawing support and resistance lines all day around FAS & FAZ with an eye towards a refilling of the gaps. I assume that could or will happen in a market pull back but it does bet against the trend.
Title: visa breakout Matt was right
V
Posted by straws on 3rd of Apr 2009 at 10:52 am
Matt was right back when he had it on the Watch List. It traded along support on the way up and broke resistance yesterday.
Ditto on holding the shorts,
i haven't taken shorts home for a few days, but ...
Posted by straws on 26th of Mar 2009 at 09:32 pm
Ditto on holding the shorts, I sold all my longs last week in anticipation of THE pullback, ending up with the same results.
Meanwhile, I paid the rent with a few scalps in today's 1minute channels of FAS & FAZ. Thanks everyone for what you teach me, including the hard lessons.