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Showing posts from April 21, 2009

Thoughts....

Since I've been doing a few daytrades the past few days, I thought I'd post a couple of low risk setups I'll be watching over the next day or three. They offer minimal risk because I intend on using tight trade parameters. They are all based on the 60 minute time frame, and they all finished the day over the downward sloping 200 Day Moving Average on the daily.

Index Watch for April 22, 2009:

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Setups for April 22, 2009:

Intraday Chart Setups (Click on Symbol for Annotated Chart) SKF ProShares UltraShort Financials OII Oceaneering Intl PJC Piper Jaffrey QSII Quality Systems CTRP Ctrip.com NKE Nike LKQX LKQ Corp MIDD Middleby Corp EAT Brinker Intl PNRA Panera Bread CBRL Cracker Barrel MFE McAfee