The markets are now in position
for a large pull back. Attached are some charts that show this, be
cautious about going long anything and get ready to go
short.
I will be in an out a lot this
week but will try and let you know when I go short for a swing
trade.
Let me thank steve, tom and matt for all the good charts
they put up in here, it takes a long time for me just to do this
one. I can't imagine making a whole news letter!
First I've been gone all day for appointments and errands and
jjust got home.
I've had several questions about the $NYAD system I've been
trying out. I'm trying to annotate a chart now that would
show how it would have done today with buy sell triggers, I tlooks
like it would have made good money again today.
I should have it up in about 15 minutes. so stay tuned or come
back later.
slo sto 14 , williams 14 and when that lines up with the
Parabolic Sar .3/.02 (brown dashed line) switch over, that's the
buy or sell. I switch back and forth between SDS and SSO. I'm still
tweaking this but so far it is working great for day trading. And
Day trading is working better than swing trades because of the gap
openings. Now, I can't eliminat the opening gaps on my charts so
days like today it takes an hour or so for the zar to catch up with
price, but sometimes that's a good thing, imho.
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W pattern on Financials
Posted by ditch on 10th of Jan 2012 at 10:07 am
http://screencast.com/t/1DJ128V6a
Try looking at SIVR
Sprott Silver Trust now 34.22% Premium...
Posted by ditch on 10th of Jan 2012 at 09:57 am
Try looking at SIVR
http://screencast.com/t/39T61Ycx8vnl
DIG & XLE
Posted by ditch on 10th of Jan 2012 at 09:16 am
http://screencast.com/t/39T61Ycx8vnl
DIG & XLE
Posted by ditch on 10th of Jan 2012 at 09:04 am
energy sector stocks breaking out of a huge wedge pattern this am.
seasonality calendar
Posted by ditch on 10th of Jan 2012 at 09:03 am
Someone posted a great seasonality calendar in late Dec. Is the Jan. calendar out yet? thanks in advance.
looks like it should go
DNDN
Posted by ditch on 9th of Jan 2012 at 02:26 pm
looks like it should go to $9
5' wedge in the financials
Posted by ditch on 9th of Jan 2012 at 01:07 pm
when this breaks maybe we finally get a large move. http://screencast.com/t/xG8PJj5By
flat
Posted by ditch on 9th of Jan 2012 at 11:44 am
out of SDS for 6 cents X 500 = $30 whoopy.
Markets too slow for day trading at the moment. back later.
bull flags on EUO
Posted by ditch on 9th of Jan 2012 at 11:20 am
http://screencast.com/t/KB9uKrbQJ
reasons I went short
Posted by ditch on 9th of Jan 2012 at 11:14 am
I didn't take the sds short for just one reason, there were several, this is scalp trade but I expect a swing short this week too.
$NYAD short
Posted by ditch on 9th of Jan 2012 at 10:47 am
I just went short via
SDS @ $18.60
I agree and if you
topping out
Posted by ditch on 9th of Jan 2012 at 08:39 am
I agree and if you follow ARMH it looks like a good short now, this company makes components for apple.
topping out
Posted by ditch on 9th of Jan 2012 at 08:28 am
5 min. $NYAD
Posted by ditch on 6th of Jan 2012 at 04:23 pm
Here is the $NYAD 5 min. chart with notetations; looks like 62 cents was possible so, if you traded 500 shares on this $310 for the day.
Here is the link:
http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=1&id=p93382880251&a=242185315&listNum=1
for those with stockcharts.
Let me thank steve, tom and matt for all the good charts they put up in here, it takes a long time for me just to do this one. I can't imagine making a whole news letter!
Explaining the $NYAD system
Posted by ditch on 6th of Jan 2012 at 03:58 pm
First I've been gone all day for appointments and errands and jjust got home.
I've had several questions about the $NYAD system I've been trying out. I'm trying to annotate a chart now that would show how it would have done today with buy sell triggers, I tlooks like it would have made good money again today.
I should have it up in about 15 minutes. so stay tuned or come back later.
How much for a Penis?
Posted by ditch on 6th of Jan 2012 at 09:07 am
slo sto 14 , williams
$NYAD 5'
Posted by ditch on 5th of Jan 2012 at 04:13 pm
slo sto 14 , williams 14 and when that lines up with the Parabolic Sar .3/.02 (brown dashed line) switch over, that's the buy or sell. I switch back and forth between SDS and SSO. I'm still tweaking this but so far it is working great for day trading. And Day trading is working better than swing trades because of the gap openings. Now, I can't eliminat the opening gaps on my charts so days like today it takes an hour or so for the zar to catch up with price, but sometimes that's a good thing, imho.
http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=3&id=p69148717217&listNum=1&a=242185315
$NYAD 5'
Posted by ditch on 5th of Jan 2012 at 03:51 pm
This has worked very well today and I'm up over a dollar on SSO currently in again at $48.08.
probably best just to short
Short Bank index
Posted by ditch on 5th of Jan 2012 at 03:37 pm
probably best just to short the financials by using these etfs- XLF,SKF,FAZ depending on your risk tolerances.
be careful, looks like a
LNG starting to run
Posted by ditch on 5th of Jan 2012 at 02:08 pm
be careful, looks like a bear flag