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NEW Update
Just made one more trade short in NEW at 34.61 covered 34.36 . Looks like they took a shot at the 34.50 area sooner than later,we'll see how it closes today.I would be watching it next week for more...
View ArticleTrade Reviews 10/07/05
Had a few more trades today even though there was no real direction in the market today.The S&P hovered around the 1196 to 1201 area throughout most of the trading day.There were some good scalping...
View ArticleLinks
Here's a few links I found interesting,some old some new.In these 6 stocks I see what every daytrader lovesAdapt or Die!Want to improve your trading every day? Try this...Trading Elements: INTELLECT...
View ArticleDon't Neglect Your Exits
I found this posting a little interesting "Don't Neglect Your Exits" By Chuck Lebeau. It's somewhat old,but has a few good points.I'll try and come up with more on exit strategies later this week.Good...
View ArticleTuesday Trading 10/11/05
The market is in a small range still and a break below 1190 will probably create another flush down on the S&P.NEW is below that 34.50 area,and not looking good on the weekly chart.I'm short right...
View ArticleMarket Close 10/11/05
Well the market closed near the lows once again today.The SPZ5 futures closed at 1189.50 which leaves it sitting right on the minor uptrend line of the weekly chart.If the bulls don't do something soon...
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Trades in NEW 10/11/05
NEW offered only a couple good trades today.The first trade was a short at 34.29 off the 5 period sma.When it finally broke down I covered for two reasons,one being a counter with size down around...
View ArticleIntraday Opportunities
Stocks I'll be watching for opportunities in are as follows:A,ABC,GLW,NEW,RIO,YUMWith the exception of ABC these all trade an average daily volume of 1 million shares or more.I have been doing well in...
View ArticleWednesday Trading 10/12/05
There are some nice moves out there today.I can't stress how important exits are.I was playing two stocks at once short NEW at 33.52 covered at 33.40, short RIO at 40.25 covered at 40.10 and 39.82. As...
View ArticleSuggestions For This Blog
I have been adding a couple of things to the blog lately.If anyone has any suggestions,please feel free to comment.I would like to hear your input good or bad.I realize the site can get a little...
View ArticleTrade-Ideas Software: Strategy Session: in Play en Fuego
For any of the Trade-Ideas users out there.Great volume scan.Trade-Ideas Software: Strategy Session: in Play en Fuego
View ArticleTodays Market
Today has also offered some good trades.I've been trading PII and RIO mostly,and a little NEW and A.Had some nice winners and am trying to stay focused on trading today,so I'll try and post the trades...
View ArticleIntraday Reversal
That's a fairly good intraday reversal in the indices SPZ5 made it up to about 1182.They're going to have to take this thing above 1185 to get any real interest and even then I expect it will be pretty...
View ArticleThursday Trading 10/13/05
I had quite a few trades today so I won't be listing them all.I shorted PII this morning at 44.21 and covered at 43.89 and 43.83 for a +.32,+.38 winner.I then went long at 44.60 and sold at 44.75 for a...
View ArticleTodays Market 10/14/05
SPZ5 futures hovering around that 1185 level that we need to get above for a short term bounce/rally.My trading has been pretty mediocre this morning.I had a great entry short on RIO covered for a...
View ArticleOne more thing...
I may be starting a new website where I can actually organize the postings better than I can here on blogger.If anyone has any suggestions on names(I'll have to change the name) I'd like to hear your...
View ArticleFriday Trading 10/14/05
I had a few more trades today,but nothing significant.The SPZ5 finally got above the 1185 area and trended higher through the afternoon to close at 1191. That's what the bulls needed to see to step...
View ArticleTuesday 10/18/05
The S&P is in a range this morning of 1192.60 to 1189,we'll have to wait and see which way this thing plays out.It is options expirations week,so be cautious out there we may see a lot of whipsaw...
View ArticleTuesday Trading 10/18/05
Looks like the bulls ran out of steam or maybe they're just full of it.(just a joke)The S&P futures broke through the 1189 level to trade down to 1181.70... Not the kind of action the bulls would...
View ArticleWednesday 10/19/05
The S&P futures have gapped down as yesterday was a very weak close.I have to think a lot of bulls might throw in the towel here for a capitulation down,but we'll have to wait and see if we get...
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