Archive for the ‘Short Term Plays’ Category
Wednesday, March 3rd, 2010
I was watching Power Lunch today and they had a segment over the Russell 2000 index. They were talking about how strong the small caps had been this year, but when looking at the chart, the Russell 2000 index is in a large area of resistance. It may be time ...
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Wednesday, March 3rd, 2010
GE is approaching it's double top neckline.
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Thursday, April 23rd, 2009
Apple is beginning to look like a sell. Shares have seen a huge run up and the strength has to give out sometime. Today looks to be a solid short entry point.
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Monday, April 20th, 2009
Here are a few quick plays to consider, two shorts and a long.
Becton Dickinson (BDX)
Marathon Oil (MRO)
Gold Vector Miners (GDX)
Posted in Short Term Plays | 2 Comments »
Monday, March 23rd, 2009
I am contemplating whether or not to remove a large portion of my funds from my trading account to hold in cash. Ontop of this, removing the funds prevents me from trading with it. The market currently is truly getting near impossible to trade, as today I got stopped out ...
Posted in Short Term Plays | 5 Comments »
Thursday, March 19th, 2009
Short China anyone?
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Thursday, March 19th, 2009
I am giving SDS another go. I got stopped out in the mid 85s, but we are sitting at a fibonacci retracement, with a bounce off the support line yesterday. I have taken a pretty large position as well.
In regards to FAZ, I entered the position without a stop yesterday. ...
Posted in Short Term Plays | 2 Comments »
Wednesday, March 18th, 2009
Well actually, more like FAZ's last stand.
Posted in Short Term Plays | 1 Comment »
Tuesday, March 17th, 2009
Buy point: .98-.987 cents
Sell point: 1.80
This post is in regard to the profit potential that got away. For those of you who follow me religiously, you recall that there was a two week span where almost every post I made during that period reiterated the use of the trailing stop. ...
Posted in Short Term Plays | 3 Comments »
Tuesday, March 17th, 2009
Posted in Short Term Plays | 1 Comment »