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Journal Entry Jan 26

Free 10GB Photo Storage in the Cloud Week of Jan. 26 This potential bottom almost looks perfect. Do we go in aggressive early and keep buying dips? I think that’s the play here. NTRS- Strong rel. strength. Did not follow sector to new lows in Jan. All of the following are giving qualified Sequential buy [...]

Trading Ideas for Thur/Fri

Free 10GB Photo Storage in the Cloud For Thursday: JPM- Top name. Target size is 3 boats. Work hard for it. Confirmed/Qualified 12 count. Assume all insiders have been massive buyers over prior several weeks at unheard of prices. This is where crowd psychology starts to shift, and the beginning of the momentum shift is [...]

Caught the Turn, Now Lets Eat…

Free 10GB Photo Storage in the Cloud Or should I say “feast”, to better reflect my opinion? Perfect catch of the turn. Having switched from net short to net long mid day and scored doubles on both sides is excellent for a typically uneventful Wed. Nevertheless, should have crushed it beyond what was achieved. Seems [...]

Trading Ideas Inauguration Week…

Free 10GB Photo Storage in the Cloud Long-term study of S&P 500 cash index shows 18m RSI below30 for first time since 2003 bottom. Modify long basket: re-weight sectors based on model runs on Sunday!!! ERX, CRM, CAT & CME, ICE - swing pivot UYG- Friday 8 count. Volume rising. Looking for climax low… URE- 2nd [...]

Tax Code Revisions Will Result in Windfall Rebates for the Homebuilders

Try Match.com – One Week Free Congress is revising the “look back” provision on losses from two years to five years as a means of providing fiscal support for the nations home builders. As a result, the group is poised to receive massive tax rebate checks in the billions of dollars for each company. The [...]

Journal Entry Week of January 5 2009

Magazineline.com FAS plenty of room to the upside. Create long basket with this. MBI breakaway gap? Watch AGM, ACI SKF break below $100 pending…. CSUN watch closely DRYS target $18.50 EBAY – S2 in place, shallow but potent target ~$20. N/L ~$15.30 AAPL, GOOG multiple b/o’s. Watch for shakeout/recovery. MCHP, MRVL, NVDA, RIMM rally in progress [...]

Market Operations of a Proprietary Trader

Try Match.com – One Week Free January 2 AIG Commodity Index confirms bottom ACI immediate buy CAT, CLF What’s going on with CCRT? CMDTY: AKS- good S2.. Follow up on nat. gas stocks: CHK, CNX, EOG Watch Solar SPY traded through d/t line on rising volume. Is this a trap? 50dEMA $91.75 CME going to [...]