Posted by traderdave on 23rd of Feb 2011 at 02:16 pm
I was thinking another red resistance line extended down on
the RSI would help signal a reversal, although I see you've
added a blue support line underneath.
Posted by traderdave on 10th of Jan 2011 at 11:33 am
For those still playing, AMD just touched its second price
target this morning @ 9.24 and has pulled back. The stock has shown
relative strength in a down market, which is always a good sign. It
will be interesting to see how close to the daily high AMD
closes. FTR I got in around 8.19, sold half my position around
8.85, and decided to let the rest ride (with a tight stop of
course).
You might find it useful to read some of the comments made about
SRS in the trading community. To do that use the search function
with SRS as the keyword.
I caught some of the move up from 5.8 and I'm looking to catch
some of the move down from 6.75. I think its going to test the
200dma around 6.1 and there is a gap to fill below that.
Posted by traderdave on 26th of Nov 2010 at 10:33 am
Hi All:
I have been watching volitility in the US Markets for some time
and noticed recently an apparent disconnect between the
$VIX and the popular Barclays volitility ETF VXX. I'm looking
for objective criteria for evaluating market volitility and have
been disappointed that VXX does not seem to correlate as closely to
$VIX as I'd thought.
Any thoughts or reasons for this apparent discrepency?
Posted by traderdave on 1st of Sep 2010 at 10:19 pm
Hi Folks,
Newbie, but I thought I'd jump right in with a contrarian
comment. My limited understanding of breakpoints is that they
signal upcoming strong moves in either direction. I know MRVL is on
the watch list as a long, but based on its inability to breakout to
the upside today I think its headed lower from here.
Your thoughts?
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MMR on Watchlist
MMR
Posted by traderdave on 1st of Mar 2011 at 09:47 am
On the watchlist MMR has an initial stop listed at 16.5
What do you think the
Does anyone think the first trading day of the month ...
Posted by traderdave on 28th of Feb 2011 at 10:14 am
What do you think the best way to play this is Randy?
CXZ Bounced off 50dma
cxz
Posted by traderdave on 23rd of Feb 2011 at 02:20 pm
That was close. Thought we were gonna get stopped out.
I was thinking another red resistance
spx15,target for megaphone=1304
Posted by traderdave on 23rd of Feb 2011 at 02:16 pm
I was thinking another red resistance line extended down on the RSI would help signal a reversal, although I see you've added a blue support line underneath.
NBD, I appreciate your work.
RSI trendline
spx15,target for megaphone=1304
Posted by traderdave on 23rd of Feb 2011 at 12:54 pm
Kobie,
Would it be helpful to have another trendline (down) drawn on this chart?
-btw great work capturing and relaying these moves.
I bought some as well.
cxz
Posted by traderdave on 22nd of Feb 2011 at 12:10 pm
I bought some as well.
URRE will start to look
URRE DNN
Posted by traderdave on 10th of Feb 2011 at 10:12 am
URRE will start to look attractive again (imo) around $2.25 or if it can find support around $2.54.
Re: FCX Position
FCX
Posted by traderdave on 7th of Feb 2011 at 10:41 am
which direction did you take?
My Bad. Thats what I get from looking at CNBC ticker...
I'm a bit spun here...I own ZSL, and DZZ, ...
Posted by traderdave on 26th of Jan 2011 at 11:30 am
ZSL
I'm a bit spun here...I own ZSL, and DZZ, ...
Posted by traderdave on 26th of Jan 2011 at 11:06 am
SLV is up 4% this morning and ZSL (the 2x short) is also up slightly. Go figure.
what about IBM?
Divergence between Dow and S&P, any comments?
Posted by traderdave on 19th of Jan 2011 at 11:37 am
what about IBM?
AMD
Posted by traderdave on 10th of Jan 2011 at 11:33 am
For those still playing, AMD just touched its second price target this morning @ 9.24 and has pulled back. The stock has shown relative strength in a down market, which is always a good sign. It will be interesting to see how close to the daily high AMD closes. FTR I got in around 8.19, sold half my position around 8.85, and decided to let the rest ride (with a tight stop of course).
AMD
Posted by traderdave on 4th of Jan 2011 at 10:29 am
Advanced Micro just crossed the first target objective of 8.75! Lets see if it can hold above there for the rest of the session.
SRS
alert - SRS
Posted by traderdave on 16th of Dec 2010 at 10:31 am
You might find it useful to read some of the comments made about SRS in the trading community. To do that use the search function with SRS as the keyword.
SD
SD
Posted by traderdave on 16th of Dec 2010 at 09:16 am
I caught some of the move up from 5.8 and I'm looking to catch some of the move down from 6.75. I think its going to test the 200dma around 6.1 and there is a gap to fill below that.
We'll see.
Sounds like good advice. Are
$VIX, VXX Comparison
Posted by traderdave on 26th of Nov 2010 at 11:44 am
Sounds like good advice. Are there any other market volitility proxies that you'd reccomend?
$VIX, VXX Comparison
Posted by traderdave on 26th of Nov 2010 at 10:33 am
Hi All:
I have been watching volitility in the US Markets for some time and noticed recently an apparent disconnect between the $VIX and the popular Barclays volitility ETF VXX. I'm looking for objective criteria for evaluating market volitility and have been disappointed that VXX does not seem to correlate as closely to $VIX as I'd thought.
Any thoughts or reasons for this apparent discrepency?
Any thoughts on how far
VRGY (update)
Posted by traderdave on 14th of Oct 2010 at 10:40 am
Any thoughts on how far this one might go Steve?
Second that
Live Charts
Posted by traderdave on 12th of Oct 2010 at 10:46 am
The live feature is very helpful.
MRVL
Posted by traderdave on 1st of Sep 2010 at 10:19 pm
Hi Folks,
Newbie, but I thought I'd jump right in with a contrarian comment. My limited understanding of breakpoints is that they signal upcoming strong moves in either direction. I know MRVL is on the watch list as a long, but based on its inability to breakout to the upside today I think its headed lower from here.
Your thoughts?