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Monday, April 20, 2009
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April
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- The Art Of Trading Alerts Service Success Story
- Setup: SCHN
- Hurry Hurry!! I Need To Buy Something!! I Don't Wa...
- Remember Those Charts??!!
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- Read This Amazing Article And Check Out The FAZ Ca...
- Double Tops Morphs Into A Bullish Consolidation
- VIX
- The Bull That Will Not Die
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- Bear Markets Of The Past 50 Years
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11 comments:
hi.. why only a quick flip with FAZ? Looks like it's got plenty more in it.
great blog, btw.
thanks you good sir. if you twisted my arm, i'd give FAZ a $15 -$18 within a 2 weeks time. volume is very hard to ignore and now looks like a solid bottoming pattern is about to take shape. in hindsight, friday's candle was a clear buy signal. shame i missed it!
Stewie- Have FAZ/SRS from friday.Sold half position. Riding the other half.Friday was a buy signal. Apex of rising/falling wedge.
congrats szaman: looks like some fuel left in the tank.
yeah i missed the FAZzy bottom too.
saw it, thought it but missed it.
in for the ride anyhow is i broke one of the stewrules again and went down with the dip.
this time the stop is firmly in place.
b/t/w stew, FEED rocks.
do jeh!
Yesterday Bears were very sure the Ending diagonal was going to take the market directly to 780.
If it's just a simple uptrending channel??
http://img258.imageshack.us/img258/1908/52608208.jpg
Yesterday Bears were very sure the Ending diagonal was going to take the market directly to 780.
If it's just a simple uptrending channel??
http://img258.imageshack.us/img258/1908/52608208.jpg
Stewie, what do you think about FAZ after today? I should just stop trading these FAS/FAZ. I suck at it :(
Clear H&S underway on the financials.
Beautiful pullback to the neckline. Expecting to see new highs for this rally.
http://img15.imageshack.us/img15/6834/gldt.jpg
GL.
FAZ/FAS the evil twins.
anon: i really like your charts but something felt very fishy about today sudden spike in financials. I definitely need a few more hours/days of price action to be able to put the puzzle together. based on price alone, today's rally was a vicious short squeeze. Is it possible that we have more bears hidden in the market with the development of that infamous wedge.
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