I think some of it has to do with People who are MARRIED to
there positions vs trading what the charts tell you. If you
get married to a side without watching/understand price signals
your DEAD. Why do you think I dumped this afternoon my
BGZ. Were in a channel/trading range. When this
occurs I personally don't get MARRIED one side or the other.
Because of the Daily Charts ... Why it would be a scalp
for now. In this market you have got to take profits until
the trading range breakout out (Up or Down etc.) You can always buy
back in if it starts to turn into a swing
I'm watching SPX 1130-1135 area and Russell 660.
Those would be area sif you wanted to entry for a market pull back
to play a SCALP should the market charts readings line up etc.
I think Bearish came from fact that some index's were up against
ress. area. Object entry to short. Just because people
short doesn't mean the BLOG is Bearis
I'm watching my 15min. chart. On Strong Days (Up or Down)
I've been burned too many times watching 5min. and taking
that signal .. I use the 5min. as heads up and wait for 15min
to show me the way
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I think some of it
emotions
Posted by cspirit on 16th of Sep 2010 at 07:28 pm
I think some of it has to do with People who are MARRIED to there positions vs trading what the charts tell you. If you get married to a side without watching/understand price signals your DEAD. Why do you think I dumped this afternoon my BGZ. Were in a channel/trading range. When this occurs I personally don't get MARRIED one side or the other.
Anyone Short Oracle and RIMM
Posted by cspirit on 16th of Sep 2010 at 04:36 pm
Anyone Short Oracle and RIMM are in some PAIN since Options Exp Friday. These two stocks could put a short squeeze on shortie Friday
RING RING
Posted by cspirit on 16th of Sep 2010 at 04:20 pm
I hit on Oracle and RIMM .. Earnings Plays are always a coin flip ...
LMT - Nice Trade Set Up
Posted by cspirit on 16th of Sep 2010 at 03:33 pm
I picked some up for swing next week. Looking for $2.00-$3.00 pop
BGZ - Taking Off
Posted by cspirit on 16th of Sep 2010 at 03:18 pm
I want to be mostly flat for Option Day ...
Stock Pin
Posted by cspirit on 16th of Sep 2010 at 12:23 pm
I'm looking at stocks around 3PM to do Option Pinning play ...
BGZ
Posted by cspirit on 16th of Sep 2010 at 12:21 pm
I'm still in this trade since Monday ... $15.15 entry. Stop at $14.78
CL Update
Posted by cspirit on 16th of Sep 2010 at 12:18 pm
I sold 76.15 and made .70 cent on trade. I hope you took it from Monday. Small gain but its a profit etc.
CL
Posted by cspirit on 14th of Sep 2010 at 01:57 pm
Nice Patten on CL setting up. Looking for .75-$1.00 as first target. Stop at 74.50
APKT
Posted by cspirit on 14th of Sep 2010 at 01:41 pm
I picked some up .. Looking for .50-.80 cent upside
Because of the Daily Charts
I'm watching SPX 1130-1135 area and Russell 660. Those would ...
Posted by cspirit on 13th of Sep 2010 at 04:44 pm
Because of the Daily Charts ... Why it would be a scalp for now. In this market you have got to take profits until the trading range breakout out (Up or Down etc.) You can always buy back in if it starts to turn into a swing
I'm watching SPX 1130-1135 area
Posted by cspirit on 13th of Sep 2010 at 03:59 pm
I'm watching SPX 1130-1135 area and Russell 660. Those would be area sif you wanted to entry for a market pull back to play a SCALP should the market charts readings line up etc.
Remember
Posted by cspirit on 13th of Sep 2010 at 03:55 pm
Look for trading ideas and trade the charts not the BLOG feelings etc.
I think Bearish came from
Nice squeeze into the close
Posted by cspirit on 13th of Sep 2010 at 03:54 pm
I think Bearish came from fact that some index's were up against ress. area. Object entry to short. Just because people short doesn't mean the BLOG is Bearis
I made a good call
TZA Order Filled 30.06
Posted by cspirit on 13th of Sep 2010 at 03:44 pm
I made a good call for myself here :)
HOD - on Russell Index
Posted by cspirit on 13th of Sep 2010 at 03:21 pm
ROVI
Posted by cspirit on 13th of Sep 2010 at 03:18 pm
Getting Ready to break out if clears 45.20
WHR - Good Scalp Buy Long near $69 for $2.00 gain should market go higher
Posted by cspirit on 13th of Sep 2010 at 02:09 pm
I'm watching my 15min. chart.
Posted by cspirit on 13th of Sep 2010 at 01:56 pm
I'm watching my 15min. chart. On Strong Days (Up or Down) I've been burned too many times watching 5min. and taking that signal .. I use the 5min. as heads up and wait for 15min to show me the way
My market internals still look
Posted by cspirit on 13th of Sep 2010 at 01:37 pm
My market internals still look VERY bullish ...