TraderMarket247

Thursday, February 11, 2010

Adios Amigos! (See you next week)

Going out of town for the rest of the week!

Happy Valentine's day.
Happy Chinese New Year.
Happy Mardi Gras. (ConGratz Saints)

Wednesday, February 10, 2010

OIIM SETUP

OIIM

Might need more consolidations but it looks ready to take off.

AIG Setup

SHORT(Small test position only)

Betting against a huge spike with volume might not be the best idea. However, Shorting $AIG at the resistance and 50MA shown on chart seems like a low risk bet.

Tuesday, February 9, 2010

NXTH SCAM STOCK

This is a pump and dump stock(SCAM STOCK) but all I care is if it can make me money or not.
In at 1.85 with tight stop below 50day MA.

GTLS Short SETUP

SHORT:

Going out of town this week, so I won't be trading much. I Will update blog whenever possible. Good Luck All.

Friday, February 5, 2010

OVERNIGHT Positions

$NEP from 8.50
$IVAN from $3.30
$EPXU from 0.19

Thursday, February 4, 2010

Dow revisit 10000 again

Keep your powder dry and wait for better times to reload.

Wednesday, February 3, 2010

MHR Trade

Shout out to my Brotha @kunal00 alert me on this one.

Tuesday, February 2, 2010

Yesterday before close I held $CPE overnight for gap up play but that didn't happen this morning instead I sold it for a loss. However, I did a quick trade in late afternoon trading and bought the stock right around yesterday's High $2.83-3.839 for a quick scalp. I sold 3/4 of my position and planning to hold my remaining 1/4 position overnight just to see what happens tomorrow.