The 50d on the daily is headed up at about 4.22, but the 50d on
the hourly is closer to 5.26. You may be right to split the
difference @ 5, 4.50 may be too optimistic
I've been pretty stuborn about this one. As long as the 20 ma
keeps going up, I'll stay with it. If it falls below I may
re-consider. Vol has been slacking off with the pullback. I'm just
waiting to see without being premature either way. We'll see.
took some at the break because of vol. could be a false break
but as long as the 20d ma is above my stop and moving up...I'll
stay with it for now. We'll see.
have a small position now, was thinking of doubling up @ 4.50.
If it bounces off the bottom of your 60 min wedge....what do you
think? Most of what I'm reading tells me the odds favor a
short term break to the upside on the S&P.
Hated to do it. Sold my SDS. Hit my stop. The mkt, you would
think, should go down for all the reasons others have stated but
you can't argue with reality.
Despite all, it keeps going up. Don't asked me why. I'll play
the trend.
ditch, you're a much better trader than I, but comparing us to
China is apples to oranges.
China is a dictatorship, so the gov can do what it wants, when
it wants w/o any input from its citizens. I don't think any of us
want that here so we have a messier process.
To say gov is the problem is an over simplication. Our gov isn't
going to go away or get out of the way. We must get the gov to be
responsive to the people instead of the special interests.
They may be a big part of the problem, but they are also going
to have to be a part of the solution. I don't see an alternative.
But a demand economy, like China is not the way to go. Look what
happened w/ the Russians when they thought gov was the answer to
their problems.
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The 50d on the daily
That weekly chart on LNG is one beautiful sight! she pulls back
Posted by jamesl on 16th of Dec 2010 at 10:34 am
The 50d on the daily is headed up at about 4.22, but the 50d on the hourly is closer to 5.26. You may be right to split the difference @ 5, 4.50 may be too optimistic
I'm still long on LNG
That weekly chart on LNG is one beautiful sight! she pulls back
Posted by jamesl on 16th of Dec 2010 at 10:27 am
I'm still long on LNG too.
Was hoping it would pull back to about 4.50 then add.
What about you desertrat?
I've been pretty stuborn about
HDY Trying Again
Posted by jamesl on 14th of Dec 2010 at 03:09 pm
I've been pretty stuborn about this one. As long as the 20 ma keeps going up, I'll stay with it. If it falls below I may re-consider. Vol has been slacking off with the pullback. I'm just waiting to see without being premature either way. We'll see.
glad I stayed with it.
HDY Trying Again
Posted by jamesl on 14th of Dec 2010 at 01:49 pm
glad I stayed with it. 20 ma on hourly chart keeps going up. Albeit, vol is only ave so I don't know how much topside it has.
are we having fun yet?
LNG was BUY BUY BUY!! by cramer last night on his show!
Posted by jamesl on 14th of Dec 2010 at 10:12 am
are we having fun yet?
took some at the break
HDY
Posted by jamesl on 13th of Dec 2010 at 03:27 pm
took some at the break because of vol. could be a false break but as long as the 20d ma is above my stop and moving up...I'll stay with it for now. We'll see.
have a small position now,
LNG 60 Minute
Posted by jamesl on 9th of Dec 2010 at 02:34 pm
have a small position now, was thinking of doubling up @ 4.50. If it bounces off the bottom of your 60 min wedge....what do you think? Most of what I'm reading tells me the odds favor a short term break to the upside on the S&P.
Stop Loss
Posted by jamesl on 8th of Dec 2010 at 10:13 am
I'd be interested in opinions on when to exercise stops. During the day, if they hit or at the close with maybe the price being above the stop.
Any opinions?
SDS
Posted by jamesl on 3rd of Dec 2010 at 10:57 am
Your right. Now that I sold, the mkt will crater andyour options will be worth a fortune. Good Luck.
SDS
Posted by jamesl on 3rd of Dec 2010 at 10:53 am
Hated to do it. Sold my SDS. Hit my stop. The mkt, you would think, should go down for all the reasons others have stated but you can't argue with reality.
Despite all, it keeps going up. Don't asked me why. I'll play the trend.
yea...liked the chart, so I'm
MMG trade idea
Posted by jamesl on 29th of Nov 2010 at 03:54 pm
yea...liked the chart, so I'm in
Happy Thanksgiving everyone! See you on
Posted by jamesl on 24th of Nov 2010 at 10:55 am
Happy Thanksgiving everyone!
See you on the flip side.
your right..trade now....editorials later
ABC world news
Posted by jamesl on 16th of Nov 2010 at 12:38 pm
your right..trade now....editorials later
ditch, you're a much better
ABC world news
Posted by jamesl on 16th of Nov 2010 at 12:14 pm
ditch, you're a much better trader than I, but comparing us to China is apples to oranges.
China is a dictatorship, so the gov can do what it wants, when it wants w/o any input from its citizens. I don't think any of us want that here so we have a messier process.
To say gov is the problem is an over simplication. Our gov isn't going to go away or get out of the way. We must get the gov to be responsive to the people instead of the special interests.
They may be a big part of the problem, but they are also going to have to be a part of the solution. I don't see an alternative. But a demand economy, like China is not the way to go. Look what happened w/ the Russians when they thought gov was the answer to their problems.
Sorry, I couldn't let this pass w/o a comment.
LITHF is the symbol I
LI.V nearing BO
Posted by jamesl on 11th of Nov 2010 at 10:37 am
LITHF is the symbol I used
Title: Veteran's Day Allow me to
Posted by jamesl on 11th of Nov 2010 at 09:16 am
Allow me to say THANK YOU for your service.
sorry I don't have more
ok nowwww we makin sense
Posted by jamesl on 10th of Nov 2010 at 10:31 am
sorry I don't have more to contribute to the blog, except pithy little remarks.
Ditch & Rank10 do such a fine job. Not to mention Matt, Steve and the gang.
Don't know what we'd do without 'em
Txs all!!!
yea, it's tough but somebody
ok nowwww we makin sense
Posted by jamesl on 10th of Nov 2010 at 10:24 am
yea, it's tough but somebody has to live here.
especially in the winter
SRS
Posted by jamesl on 9th of Nov 2010 at 03:51 pm
Matt, followed your lead on SRS. Up nicely, txs
I shutter to think of
Mystery Missile launch
Posted by jamesl on 9th of Nov 2010 at 02:48 pm
I shutter to think of what their capable of doing that their NOT telling us