Archive for November, 2008
Monday, November 17th, 2008
So I went to go fill up today and oh what a sight to see. Gotta love 55 dollar per barrel oil.
I don't know if you guys can tell from this first picture but that is $1.99 regular at a Shell gas station here in Austin. Regrettably, the beast only ...
Posted in Ramblings | 1 Comment »
Monday, November 17th, 2008
Good job Mark Cuban. Your Mavericks are a crappy basketball team as well.
Posted in Interesting Finds | 3 Comments »
Sunday, November 16th, 2008
Remember guys, I do have twitter. This is the only way to keep up with the plays I make for my portfolio minute by minute. If you are interested, make an account and add yourself as a follower on my page.
My Twitter Page
Stay safe out in the markets. Sell the ...
Posted in Ramblings | No Comments »
Sunday, November 16th, 2008
Alright fellow chasers, this will be my last post for this weekend as I have some other matters to attend to but I was picking through a few charts and I noticed something quite interesting.
After looking at a few of these, I started thinking to myself, "Did I move some ...
Posted in Ramblings | No Comments »
Saturday, November 15th, 2008
This is the Proshares Ultrashort Real Estate ETF (SRS). We are seeing it approach a fib and this etf does behave very well to the fibs and moving averages. Essentially by shorting this, we are looking for the market to rise and this thing moves in direct correlation to the ...
Posted in Short Term Plays | No Comments »
Friday, November 14th, 2008
As I was writing this article to just post some simple charts, the indexes had a massive move to the higher direction. If you guys remember my post from yesterday I ended up not selling before the close due to a few technical components. I am really starting to become ...
Posted in Ramblings | 2 Comments »
Friday, November 14th, 2008
Here is a funny email that I found over on an off topic section of a forum I talk on.
Posted in Interesting Finds | No Comments »
Friday, November 14th, 2008
For those who are Guitar Hero fans like I am, Amazon as a hell of a deal on a frontman wireless guitar. Check it out.
http://www.amazon.com/Wii-Frontman-Wireless-Guitar-White-Nintendo/dp/B00130387I/ref=sr_1_3?tag=slickdeals&ie=UTF8&s=videogames&qid=1225468830&sr=1-3
Posted in Interesting Finds | No Comments »
Thursday, November 13th, 2008
I just did a fib retracement on a 15 minute candle chart of the S&P 500 and it seems we closed right at a fib resistance line. The intraday high on the S&P 500 was 913.01 compared to the fib line value of 913.35. Price also cut right through the ...
Posted in Ramblings | No Comments »
Thursday, November 13th, 2008
I am speechless, absolutely speechless. Today is probably the most optimistic day I have had in a while for U.S equity markets. I am at a loss for words.
Take a look at this candle chart for the Dow.
Here are a few things to note:
1) The hammer formation on a downtrend. ...
Posted in Ramblings | 3 Comments »