3309 Drysdale Ct
Edwardsville, IL 62025
Notes from a Day Trader I follow:
(he is always short on words)
FAS ($70.10) ….. “$68.00 needs to hold here or we see $63…below $63 the tied has turned.” FAZ ($21.24) ….. “ Hare was the hedge I added at the $20.45 level.” “Doesn’t it make sense to hedge with the potential weakest sector?” UYG ($5.38) …..”The risk of $4.50 (being hit) far outweighs any upside potential here. Needs to open above $5.50 on Monday (to go long).” TZA ($12.72) …..“Reason to be long (TZA) with a STOP at $12.35, (Looking at a 60 min chart….daily charts don’t give you these looks).” EDZ ($5.78) ….. “A seller here with the open Monday below $5.93. This looks like a good trade with a GAP up Monday AM. An open below $5.60 and I’ll add back to my ECD ($121.27)position.
FAS ($70.10) ….. “$68.00 needs to hold here or we see $63…below $63 the tied
has turned.”
FAZ ($21.24) ….. “ Hare was the hedge I added at the $20.45 level.”
“Doesn’t it make sense to hedge with the potential weakest
sector?”
UYG ($5.38) …..”The risk of $4.50 (being hit) far outweighs any upside potential
here. Needs to open above $5.50 on Monday (to go long).”
TZA ($12.72) …..“Reason to be long (TZA) with a STOP at $12.35, (Looking at a
60 min chart….daily charts don’t give you these looks).”
EDZ ($5.78) ….. “A seller here with the open Monday below $5.93. This looks like a
good trade with a GAP up Monday AM. An open below $5.60
and I’ll add back to my ECD ($121.27)position.
Just saw Michael's work for the first time today....few words is good in my book
what's the name of the day trader? Does he hv a website?
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Notes from a day trader I follow:
Posted by bboylan on 28th of Nov 2009 at 03:44 pm
Notes from a Day Trader I follow:
(he is always short on words)
FAS ($70.10) ….. “$68.00 needs to hold here or we see $63…below $63 the tied
has turned.”
FAZ ($21.24) ….. “ Hare was the hedge I added at the $20.45 level.”
“Doesn’t it make sense to hedge with the potential weakest
sector?”
UYG ($5.38) …..”The risk of $4.50 (being hit) far outweighs any upside potential
here. Needs to open above $5.50 on Monday (to go long).”
TZA ($12.72) …..“Reason to be long (TZA) with a STOP at $12.35, (Looking at a
60 min chart….daily charts don’t give you these looks).”
EDZ ($5.78) ….. “A seller here with the open Monday below $5.93. This looks like a
good trade with a GAP up Monday AM. An open below $5.60
and I’ll add back to my ECD ($121.27)position.
Just saw Michael's work for the first
Posted by carlb on 28th of Nov 2009 at 07:49 pm
Just saw Michael's work for the first time today....few words is good in my book
what's the name of the
Posted by fareed_hilde on 28th of Nov 2009 at 07:45 pm
what's the name of the day trader? Does he hv a website?