TraderMarket247: 2009-08-02

Friday, August 7, 2009

Overnight positions!

I'm going to add the following four stocks $ABD $EK $EXTR $PCBC. 5%-7% positions each! Only if they close around the highs! Have a good weekend guys!

UPDATE=== in $NAVI AND $FLEX TOO!! screw it

Well I Woke up late this morning! ( TOOOOO tired) but still bank on my $PSUN (called it yesterday)

Looking into the weekend $PCBC looks interesting. See chat below! If $PCBC close above 50day I would swing it over the weekend (5% pos) Otherwise I will be in cash!

RC from IBankCoin made a really good point that (we are at the retracement level on SPX.) Another reason I might stay in cash for the weekend! Unless I see some good setups that I can't past up! Good Game folks.
I might update some possible plays for next week!

I love doing SHORT analysis!

Whenever I make a post about the market rolling over. We always go higher the day after! hahah..

Like I said on my last post "I am not going to trade much until the market shows a clean break to the up or down side from here."

Well.... we got our CLEAN break to the upside =).

Thursday, August 6, 2009

Buyers be Aware!

The markets are very likely going to enter a period of consolidation. You can spot a lot of reversal signals on some of the diETFs from many different sectors, such as, FAZ SRS SGG DUG PSQ...etc. If you look at the SPX, today would be the first day we cracked the uptrend since almost a month ago. I am not going to trade much until the market shows a clean break to the up or down side from here.

SPX

FAZ

SSG

QID

DUG

SRS

Out for the day!

I got some stuff to do today so I wont' be here for the close. Please go to Chart addict's blog on IBC for closing hours thoughts(read comments) or on twitter(if it's working) @Weeklyta. Good Luck all =)

spx update!

Watch out folks.. The financial are laggin... Market might break lows of day!

$PSUN

Watching PSUN! I'm liking this one!

SLAP CHOP~!

Market faded this morning. Sold bunch of stuff and regroup! Lots of susscessful openning gap up this morning.

Twitter not working for me this morning =(! quite frustrated!

Twitter crashed this morning!

Unable to update intraday trades at the moment! =( Bummer~!

$ETFC

Overnight positions update!

abr bpop bz cnxt fig fsnm ggwpq hyc jva pcbc rmtr stkl

Both OCNF and RAE tanked After earnings. (Use 50day MA for support) I thought they reported already! SHAME... hate earning plays!

ABR

BPOP

CNXT

FIG

FSNM

GGWPQ

HYC

JVA

RMTR

STKL

Good Luck all!

Wednesday, August 5, 2009

Closing bell Progress report/ Overnight positions!

My yesterday overnight positions
anpi symx stkl pacr hyc ctic bz bpop====

Going into tomorrow Aug 6 ===

Obviously the Bulls took over in late trading today. I will have some overnight positions but I don't recommend you folks going heavy ahead of unemployment report. I will be holding these positions overnight and they are only 45% of my total account. Good Luck All. Here are my picks.

abr bpop bz cnxt fig fsnm ggwpq hyc jva ocnf pcbc rae rmtr stkl

update====

If you guys have time! Take a second and vote on the poll on the top right side of my blog. Thank you!

What a day! / Overnight positions updates!!

It was a boring day to begin with. Almost all my overnight positions gaped up this morning but only faded (some crashed) later on. Then Weeklyta alert me with $AIG and $CIT. Both were wonderful trades!

Will update overnight positions (15mins before market close).

Progress report!

First hour trading!

Shoulda Woulda Coulda take profits on a lot of gap up this morning! Shame for holding but "what the hell". So far I am still surviving while dow is down nearly 100 points at the moment.