Posted in Uncategorized on April 12, 2008 | No Comments »
As you can see from the chart below, Intercontinental Exchange (ICE), broke out recently, and has formed a very narrow range on a closing basis. This is one of the most volatile stocks out there, due to it’s low float (and I suspect the fact that many true “traders”, trade this stock). It has no history [...]
Posted in Uncategorized on April 11, 2008 | No Comments »
Despite the large market move, courtesy of General Electric (GE), a lot of the stocks I watch did not move much. Potash (POT) has a nice little island top that I am really looking at for a downside breakout.
But it has been very resisiant in the last few day. Popping it’s head up to new [...]
Posted in Uncategorized on April 10, 2008 | No Comments »
As I was browsing through all the high quality, moderately priced items at my local Target the other day, I happened to walk by one of the store’s “associates.” Actually, a 19 year old kid, wearing the pre-requisite red shirt that Target employee’s are required to wear as a de facto uniform. The problem was, [...]
Posted in Uncategorized on January 10, 2008 | No Comments »
Yesterday I mentioned that I was carrying a half position in ICE (Intercontinental Exchange) overnight. I held that position the whole day, but “piggybacked” some trades on top of it.
This second trade of the day comes under the heading of “pressing your luck”. Like I also mentioned yesterday, I usually get large losses after days [...]
Posted in Trade of the Day, Uncategorized on December 21, 2007 | No Comments »
Have you ever seen that part in Trading Places, where Eddie Murphy is explaining why they should not buy pork bellies yet? The price is dropping and he says he can feel the people out there panicking. That they have to sell because Christmas is coming up and they are afraid they won’t have enough [...]
Posted in Uncategorized on December 20, 2007 | No Comments »
A lot of us expect to recoggnize evil when we see it, as if it will be in the form of a Hitler or the Devil. It doesn’t come in that form
http://www.breitbart.tv/?p=14534
Take some time out this holiday season and give a little bit of that trading profit you have been blessed with to the less [...]
Posted in Uncategorized on June 7, 2007 | No Comments »
Posted in Uncategorized on May 21, 2007 | 7 Comments »
I was determined coming into this week, to only take trades that had valid setups. I don’t think I quite accomplished that goal today, however I was able to erase the losses from my Apple trade, and then some.
First up was HOLX (Hologic Inc.). This stock gapped down on large volume and left a long lower [...]
Posted in Uncategorized on May 18, 2007 | No Comments »
I don’t think there is actually anyway I could’ve lost more money than I did in this Apple trade. Thanks to the fact that Apple was pinned to the number 110.00, my calls were almost worthless. Fortunately I didn’t pay too much for them, so I took a reasonable loss on this position. However it [...]
Posted in Uncategorized on February 27, 2007 | No Comments »
No, I did not blow up, I just got very busy the last few days. Friday I had one losing trade for 1R. Nothing on Monday.
Formerly ADD Trader