Friday, September 4, 2009

Overnight positions!

Don't recommend holding positions ahead of long weekends. However, the following might have a good chance gapping up next week.


LONG: scln mtsn exxi mic SHORT: bac


Happy Laborday everyone!

$EXXI setup



Learning at 9am! Let's see how this one do!

Thursday, September 3, 2009

Déjà vu?

I drew this chart back in August 28, 2009 (Sounded like a long time ago) pointing out the patterns we are developing now is very similar to the one back in June 2009.




Now let's fast forward to September 3, 2009 ====



Looks very interesting to me...

CASH IS KING OVERNIGHT!

I see no edge in the market at the moment! Therefore i'm not going to hold anything overnight and let the market make up his/her mind! Great short plays on $SVA $NVAX today!

Tuesday, September 1, 2009

Overnight positions!

Shorted $SVA and $BAC overnight! Covered all my Solar shorts with MAJOR WIN).

Saturday, August 29, 2009

View my charts in slide show form!

I have uploaded this weekend's charts to Flickr so you guys can view it in slide show form!

http://www.flickr.com/photos/41989254@N04/sets/72157622057159799/show/

Check it out!

$SPX thoughts!





Mark Hulbert - Marketwatch.com



Just to be fair; if we did follow the old saying "sell in may and go away" Hmm... looking back at 2009 YTD performances, it wasn't such a bright idea. You be the Judge! =)

Tech Sector ANALYSIS

Great earnings came out from $DELL and $MRVL and the market did react positively to the news. However, given such strong earnings most of the tech names still closed off the highs and some even closed in the red. Let's take a look on some of the big tech names.

AAPL


DELL


GOOG


INTC


MRVL


MSFT


Finally, Let's take a look at the ETFs!

QID


QLD


Hey I'm just a Chartist!! You be the Judge!

Friday, August 28, 2009

Thursday, August 27, 2009

Overnight positions!

CIT ZQK PRKR

$PRKR

Brokeout today (Low volume stock)

$ABK intraday chart

Very nice Brokeout Consolidate action today!

$ABK

$CTIC chart




I have added small shares for a run up ahead of Sept 4th result!

$TSTR intraday setup

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