Sunday, February 24, 2008
A few charts
We'll see if the bullish late day push that occurred on Friday will spill over this week. It's still tough to judge direction here. SPY hit 137 a couple of days ago, but was quickly sold. I mentioned last week that we need to get above 137 to set a bullish tone, but that did not happen.
Here are a few charts I'll be watching this week...
Here are a few charts I'll be watching this week...
Tuesday, February 19, 2008
SID
I got rid of my position in SID @ around 38 when the market started going down in the afternoon. I wanted to lock in the gains before they vanished, like they seem to be doing so often these days.
In my previous post I mentioned that I wanted to see a high volume day in SID, which happened today. I'll keep a watch on this stock, if the market holds up, this should do well.
In my previous post I mentioned that I wanted to see a high volume day in SID, which happened today. I'll keep a watch on this stock, if the market holds up, this should do well.
Labels: SID
Saturday, February 16, 2008
Still no clear direction
Well the IBD 100 list has highlighted a few stocks that could be in a buyable range. But they're still very cautious about the market.
The market still could go either way. I'm still finding it difficult to hold short term trades for more than a day. The moves are too volatile for me to handle.
Here are a few charts that I'll be watching... US Markets will be closed on Monday for President's Day.
The market still could go either way. I'm still finding it difficult to hold short term trades for more than a day. The moves are too volatile for me to handle.
Here are a few charts that I'll be watching... US Markets will be closed on Monday for President's Day.
Labels: DSX, GS, POT, SID, SPY
Saturday, February 09, 2008
Tough trading
Pretty tough to trade out there. Very volatile. Since YHOO will be rejecting MSFT's bid, we'll see what happens to the stock on Monday. It might drag the market down if it goes back down to it's previous levels.
Here are a few picks, haven't gone through a lot of charts. Tough to judge direction these days.
Here are a few picks, haven't gone through a lot of charts. Tough to judge direction these days.
Sunday, February 03, 2008
A few charts
So the IBD 100 list didn't have any buy recommendations. I haven't had a chance to go through the list or too many charts for that matter. I took a look at a few, I might be watching these next week...
