Chinese DING DONG names are on FIRE!!
Below are a list of Chinese stock names that got HAMMER in the last few months. But these Dog names are all looking HOT for a potential bounce play. I call them the CHINESE HOT DOGs!Let's take a look:
Thursday, April 14, 2011
Sunday, April 10, 2011
Trading ideas for April 11, 2011
After a series of Doji days we had in the past week. Market begins to show signs of weakness with SPX closing slightly below March highs. We have been on a monster run since mid-March, therefore, a small 2 - 4% pullback is actually healthy in order for the market to setup for the next bull run. In times like this, we should always have LONG/SHORT ideas prepared. Let's check it out.
Thursday, April 7, 2011
Tuesday, April 5, 2011
Sunday, April 3, 2011
Wednesday, March 30, 2011
Friday, March 25, 2011
Tuesday, March 22, 2011
MCP update
Just doing a quick update for a friend of mine because his work won't allow him to access dropbox link. So I have to post it here on my blog. I talked about a potential move on $MCP over the weekend where a low risk entry was present to us around the $43 levels. Today the stock spiked HARD AFTER our Stock clown Jim Cramer trashed $MCP on his show for being overvalued. I have said it many times before and I will say it again. Technical trading is almost ALWAYS about what you see and not what you think. Keep your risk and reward ratio at the minimal of 1 : 3 then you will live a long life in this business.
March 19 chart
Broke out today on huge volume.
Today March 22
Wednesday, March 16, 2011
Monday, March 14, 2011
GLBL Trade
Daily chart
Intraday chart
So you have two support lines from two different time frame. If the stock failed to stay above it, means your trade is not ready and is time to get out. I hope this help explain why I did what I did.
Friday, March 11, 2011
Stay on your toes!
Stay on your toes!
-With market breaking support levels
-Unrest in the middle east
-Tsunami in Japan
(All prayers go out to Japan and those near by the pacific rim)
Follow me on twitter for any intraday alert @tradermarket247. Happy Friday.
Tuesday, March 8, 2011
Sunday, March 6, 2011
Trading ideas for March 7, 2011
"Ride it until the wheel falls off"
forget about everything else. Enjoy these long setups and good luck.
Friday, March 4, 2011
Trading ideas for March 4, 2011
Trade without FEAR!!
Like Mr.Sheen the most fearless man on earth with Tiger blood and fire-breathing fists. Enjoy these setups and have a great weekend.
Thursday, March 3, 2011
Wednesday, March 2, 2011
Sunday, February 27, 2011
Trading ideas for Feb 28, 2011
Friday trading ideas percentage gain/loss.
More trading ideas for next week.
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LONGS: HDY ALJ TTWO ASGN HYC SGMO CRIS
Friday, February 25, 2011
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