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Category Archives: Trading

Trading

10NOV2009 WYNN one good short, one poor short

Tuesday, November 10, 2009

Nice short  (scalp) at point A; exit at obvious support.  Don’t even let the bullish candle finish forming, inverted hammer is ominous trend will end.  The dip recovered but you can see the rest of lunchtime there was killer chop and harami and engulfing candles would not have worked because the market was in neutral.  [...]

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09NOV2009

Sunday, November 8, 2009

Susquehanna Cuts RIMM to Net Neutral from Net Positive.  So here’s me on a Monday morning thinking the stock will tank.  Not exactly what happened as you can see.  I even compared the stock to the Apple chart and determined it had weak “Relative Strength”.  Unfortunately the market did not cooperate.  When the stock punched [...]

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