Index Watch for August 3, 2009:
Review for Week of October 26, 2009:
Breakout Setups (Click on Symbol for Annotated Chart) AHD Atlas Pipeline Holdings NYX NYSE Euronext JEC Jacobs Engineering SUNV Sunovia Energy APL Atlas Pipeline Partners VM Virgin Mobile XTXI Crosstex Energy CEP Constellation Energy DRYS Dry Ships SGMS Scientific Games SIMO Silcon Motion IO ION Geophysical HERO Hercules Offshore ERES eResearch Technology LOPE Grand Canyon Education SB Safe Bulkers SKIL SkillSoft PNSN Penson Worldwide CENX Century Aluminum PCX Patriot Coal TESO Tesco TWI Titan Intl EXM Excel Maritime Carriers FLOW Flow Intl PRGN Paragon Shipping CFX Colfax QRCP Quest Resource SD Sandridge Energy TBSI TBSI Intl QMM Quaterra Resources ACAS American Capital KHD KHD Humboldt Wedag AKRX Akorn PRXI Premier Exhibitions OME Omega Protein GMXR GMX Resources DMAN DemandTec CDII China Direct Industries LYG Lloyds Group HALO Halozyme Therapeutics IMN Imation KDE 4Kids Entertainment ULTR Ultrapetrol URRE Uranium Resources PEIX Pacific Et
Comments
This by far one of the best sites for TA on the net.
Todd
I really appreciate it. With so much info on the net, it's difficult to find anything "tradeable." Hopefully, I'll come up with something decent from time to time. Again, thanks and I hope to hear from you again.
Regards,
Tony
Sean
The 25+ year housing bubble burst ends only in 4 quarters?
Actually, I was just pointing out that it was the only time since the bottom in 2003 that a divergence like that has ever occurred. And the fact they both did within 6 months was obviously an important event.
If you can spot another divergence like the one I posted, I would love to know when we got one. According the data I have, it's the only time the $SPX has put in 2 "lower lows" while the $VIX provided "lower highs" twice within a 6 month time frame.
Thanks for writing.
Regards,
Tony
Don't fret over it. I "wuss" out all the time. As long as we have volatility, there will an abundance of opportunities to make money. Unfortunately, it's going to shrink at some point to a level where we're all going to want to quit. It's anyone's guess when that will be.
I know I say it all the time, but I feel it's extremely important to come up with a plan you can work with. I hit a lot of singles and doubles, and I never think about jacking the ball out of the park. Although I hit a lot foul balls, I rarely strike out. In other words, trading successfully is all about getting your head right, and, in my opinion, the most important aspect of surviving in this business.
Again, thanks for writing and I hope to hear from you soon.
Regards,
Tony