yep ACHN is strong so far, was nice pattern, that sector
has been holding up
otherwise trading individual stocks has been quite tough, not a
lot of follow through on most stocks. It's a good time to be
more in cash and much pickier
yeah, right now only trades are ACHN, CHRS, (probably will close
both soon, esp on any mkt move up), TSRA (did you close yours?),
TBT (did you see my pm?), FXE and FXP.
yeah, TBT tough, it's hard to trade it with the Gov intervention
i.e. the Twist.
Long term I think the 30 year bull market in bonds is going to
come to an end soon, but timing it perfectly is hard to say and it
doesn't matter. Once the secular bull market ends in bonds,
rates should have a long stead uptrend and TBT or instruments that
follow rates will be nice investments. But is that now, or a
year from now, hard to say yet. Right now there's a lot
of gyration in it that makes it difficult to trade
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ACHN
Posted by frtaylor on 5th of Apr 2012 at 12:57 pm
nice, steady intraday action since the morning dip, w/ bullish volume.
yep ACHN is strong so
Posted by matt on 5th of Apr 2012 at 01:12 pm
yep ACHN is strong so far, was nice pattern, that sector has been holding up
otherwise trading individual stocks has been quite tough, not a lot of follow through on most stocks. It's a good time to be more in cash and much pickier
yeah, right now only trades
Posted by frtaylor on 5th of Apr 2012 at 01:16 pm
yeah, right now only trades are ACHN, CHRS, (probably will close both soon, esp on any mkt move up), TSRA (did you close yours?), TBT (did you see my pm?), FXE and FXP.
Huge volume on ACHN in
Posted by frtaylor on 5th of Apr 2012 at 01:27 pm
Huge volume on ACHN in the last 10 min!
yeah, TBT tough, it's hard
Posted by matt on 5th of Apr 2012 at 01:19 pm
yeah, TBT tough, it's hard to trade it with the Gov intervention i.e. the Twist.
Long term I think the 30 year bull market in bonds is going to come to an end soon, but timing it perfectly is hard to say and it doesn't matter. Once the secular bull market ends in bonds, rates should have a long stead uptrend and TBT or instruments that follow rates will be nice investments. But is that now, or a year from now, hard to say yet. Right now there's a lot of gyration in it that makes it difficult to trade