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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 ...  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

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 ... 

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