Posts

Showing posts from December 13, 2008

Thoughts....

I've scrolled through thousands of charts over the weekend, and I'm still seeing way more short setups as opposed to clear and objective long setups. The 50 Day Moving Average is starting to "catch up" to many of the bounce setups we've had during the past month, which eliminates their explosive potential. Once the 50 Day gets under the price and flattens out, we'll start having more long opportunities that we can hold for more than a day or three. It's just going to take some time. I created a Twitter account last week. Once I find the time to figure out how it works, I'm going to post some of the trades I make. Hopefully, it'll give some of the new folks an idea how I trade. I also intend on posting more scans and other content over the next 3 weeks including improvements to the "Weekly Spreadsheet." SpreadSheet

Index Watch for December 15, 2008

Image

Review for Week of December 15, 2008

Breakout Setups (Click on Symbol for Annotated Chart) BGP Borders Group TCK Tech Cominco APL Atlas Pipeline Partners ASH Ashland ENG ENGlobal JRT JER Investors Trust GVHR Gevity HR LYV Live Nation LVS Las Vegas Sands IO ION Geophysical LSR Life Sciences Research BKD Brookdale Senior Living ARA Aracruz Celulose MFW M&F Worldwide NSIT Insight Enterprises AVNX Avanex HDNG Hardinge CNTF China TechFaith Wireless BIOD Biodel XRM Xerium Technologies AHII Animal Health International SIRF SiRF Technologies FORD Forward Industries XJT Express Jet Short Setups (Click on Symbol for Annotated Chart) BLL Ball Corp CLC Clarcor MYGN Myriad Genetics PEGA Pegasystems AIR AAR Corp PLXS Plexus TCL Tata Communications TEVA Teva Pharma PNRA Panera Bread BKE Buckle RYAAY Ryanair Holdings ORLY Oreilly Automotive RGLD Royal Gold LIHR Lihr Gold NEM Newmont Mining GVA Granite Construction CHSI Catalyst Health Solutions UAM Universal American Financial AMZN Amazon.co...