Had a symmetrical pullback at $22.97 last week. A couple more
symmetrical bounces match-up to the 61.8% retrace around
$24.69-$24.93 (resistance zones). I really like the bear flag
developing but any time I think GDX is overbought, it hurts.
That is also an indicator by itself. Steve can see fundamentals
and price action with the best, but I now have to use Steve's hate
as my proxy LOL
Reply: There are some stocks that are poor traders IMO and TWTR
is one so I avoid. Many other fish in the sea so I chose to
avoid that stock. Simply put, it trades without rhythm.
The community is delayed by three days for non registered users.
Thanks I looked at 2 out of 3! 25 years is amazing! Enjoy, Steve.
What time does Yellen speak? TIA
Posted by zitron on 27th of May 2016 at 10:22 am
What time does Yellen speak? TIA
Posted by zitron on 27th of May 2016 at 10:06 am
GDX
Posted by zitron on 23rd of May 2016 at 02:27 pm
Had a symmetrical pullback at $22.97 last week. A couple more symmetrical bounces match-up to the 61.8% retrace around $24.69-$24.93 (resistance zones). I really like the bear flag developing but any time I think GDX is overbought, it hurts.
Nice trade. Sold sooner. Well done. Like Steve says, "You don't have to be all or none!"
JO (Coffee)
Posted by zitron on 10th of May 2016 at 01:40 pm
Not really the easiest ticker in the world to trade! Liquid like a hurricane churned bay.
VRX followup
Posted by zitron on 10th of May 2016 at 10:35 am
ABT triggered for me....
Posted by zitron on 5th of May 2016 at 10:28 am
Just got a mechanical bear ride on IMGN trigger
Posted by zitron on 5th of May 2016 at 10:27 am
Forgot my newest rule: Don't buy biotech crap, no matter what
Thank you Ray!
StockCharts 200 SMA
Posted by zitron on 5th of May 2016 at 10:11 am
I don't answer my phone when those people call anymore, they are like energy vampires.
Emotional Traders: I have found a book to rid FEAR
Posted by zitron on 4th of May 2016 at 03:59 pm
I am in the process of writing a book -- 10 years strong -- and it is not EASY! LMFAO
StockCharts 200 SMA
Posted by zitron on 4th of May 2016 at 03:56 pm
Anyone ever notice that other systems have the same 200 SMA but StockCharts is different?
Example: SOXX 86.06 on SC and 86.49 on TS and TOS
Emotional Traders: I have found a book to rid FEAR
Posted by zitron on 4th of May 2016 at 03:22 pm
"A Course in Miracles"
This book destroys fear by two accredited university professors
Disclaimer: I am 100% Jewish, and no labels matter
I believe!
market
Posted by zitron on 4th of May 2016 at 03:21 pm
I believe that someone has to run the psychology class.
MY issue with JO (but currently long):
JO
Posted by zitron on 4th of May 2016 at 02:11 pm
$17 is the measured move and a double bottom.
ES 50 day SMA = 2034.75 -> 6 more points (could happen now or overnight)
SDS and VIX comments
Posted by zitron on 4th of May 2016 at 02:06 pm
That's funny, Matt. What's that SOP, again?
Mmmm...no one talking about.....
Posted by zitron on 4th of May 2016 at 02:03 pm
KISS
DPZ
Posted by zitron on 4th of May 2016 at 01:41 pm
Inverse head and shoulders on the 5 & 15
I am long 50 right now, and it hurts a little from this morning's entry. I have some symmetry support levels around $257
IBB
Posted by zitron on 4th of May 2016 at 11:45 am
LMAO
TWTR
Posted by zitron on 4th of May 2016 at 10:49 am
I sold a third at the highs today and because wise traders hate it,
TWTR
Posted by zitron on 4th of May 2016 at 10:38 am
That is also an indicator by itself. Steve can see fundamentals and price action with the best, but I now have to use Steve's hate as my proxy LOL
Reply: There are some stocks that are poor traders IMO and TWTR is one so I avoid. Many other fish in the sea so I chose to avoid that stock. Simply put, it trades without rhythm.
TWTR = Double Bottom?
Posted by zitron on 3rd of May 2016 at 10:42 am