Trading ideas for Feb 18, 2011

We are now entering an uncharted territory. I am not going to guess the top, however, it is very important to stay nimble, trade in a shorter timeframe and lock in those profits quicker when the market becomes uncertain. I am starting to see way too many great long setups and it was never a good sign based on my experiences. I included some large cap/higher price names on my watch list (Followers request) Hope you enjoy my picks and remember to raise more cash ahead of this long weekend.

LONGS: AONE CHGI INTT KV/A WAVX DVO FVITF CTCT BP RIG IVAN

SHORT: INCY

Trading ideas for February 16, 2011

LONGS: VVTV PAL GPL FLWS CPKI STP RPRX PWAV

SHORT: KV/A

TWER setup

Trading ideas for February 15, 2011

 LONGS: EMMS VG AXAS IVAN IO BSQR

Trading ideas for Valentine's day, 2011

LONGs: FFHL ZAGG MITK DGIT PLD LEE LNG

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Set the mood tonight: Open the following links in order. 

1) http://bit.ly/fOFmkq 2)http://bit.ly/1ZEwI2 & 3) http://bit.ly/gScTse BAM your sexy night is ready

The power of Technical Analysis

Just writing a short follow up on my Think Probabilities post back in Jan 22, 2011.

The general market have rallied nearly 4% since my market pull back call on Jan 22, 2011. 

I was dead wrong about a short term pullback of the market. However, the rally did not have any effect on my short picks. As I stated on my before, these stocks weren't part of the market rally to begin with. In fact, five out of six have gone down substantially since my short call. The only position that did not pan out was $NG. 

BAP

XRS

RDY

DGW

MOTR

NG

If you are still not convinced that technical analysis works after reading this post. I have other suggestions for you.

1) Unfollow me

2) Send me a message on twitter @tradermarket247 So that I can block you.

3) Stick with your day-time job.