Archive for November, 2008
Friday, November 28th, 2008
It is amazing how people get killed just to try to save a few bucks, but I find it sort of comical. Imagine how many people must of been outside of that Walmart this morning for this guy to get run over like some of the people do in the ...
Posted in Ramblings | No Comments »
Friday, November 28th, 2008
Just like many others, I had absolutely no idea the NYSE was closing early today and subsequently, I slept right though it.
Today we saw a break of a fibonacci retracement level as well as the descending continuation wedge. With this in mind, we could see a multi-week bullish run up ...
Posted in Ramblings | 2 Comments »
Friday, November 28th, 2008
Here is a series on Hulu.com, which is an up and coming youtube video hosting site. It is a series called "Wall Street Warriors" and each story tells a tale of different people on wall street, from the upstart hedge fund manager, the day trader, all the way to the ...
Posted in Interesting Finds | 1 Comment »
Thursday, November 27th, 2008
Happy Thanksgiving to everyone, even Canada!
P.S Eat Beef. I definitely had some Prime Rib.
Posted in Ramblings | 1 Comment »
Wednesday, November 26th, 2008
Dow closed just below another fibonacci retracement value based off of the 1932 great depression lows and 2007 bull market highs. We are also approaching the top end of a descending channel, which uncannily is at a criss cross of the fibonacci retracement value. We could see a pullback, but ...
Posted in Short Term Plays | No Comments »
Tuesday, November 25th, 2008
Intel (INTC) looks purrrrrrdy. Meow!
Price is right at the low end of the 50 day moving average bollinger bands as well as pressing right up against a fib line. The 4.3% dividend rate is nice as well.
Posted in Short Term Plays | No Comments »
Tuesday, November 25th, 2008
The marketchasers message board forums are now up. Check it out and make an account:
Click here for forums
Posted in Interesting Finds | No Comments »
Tuesday, November 25th, 2008
Two quick shorts:
ITT Technical Education Services (ESI)
PNC Financial (PNC)
Posted in Short Term Plays | No Comments »
Monday, November 24th, 2008
Apple is looking to be a good shoring opportunity. Just look at those fib levels.
Posted in Short Term Plays | No Comments »
Monday, November 24th, 2008
I hope you guys took profit today. For those who didn't, I am sorry but you are insane. How can you leave a 1000 point move in two days on the table? That is two years worth of moves in two days folks.
Now for those of you who have listened ...
Posted in Ramblings | No Comments »