Posterous | Re: Monday Monday ...

whoa,
i almost forgot the other stock i'm mackin on, PALM!



PALM got away from me last week. my limit orders were always not high enough. if i make a move, i'll pay more attention this time. the big 5 bagger play is over, but this one may go to 25 which would be a great move from here!

remember, do your own homework and have fun trading! 

Posted via email from fortypercent's posterous

Monday Monday ...

today i'm reviewing potential trades for monday.
E*Trade has caught most of my attention.







both the daily and intraday charts closed looking bullish. there may be some over-head resistance at the daily 200 day average. the daily chart starting at the end of may looks like market expects some good news soon. do your homework

Posted via email from fortypercent's posterous

top o' mountain

"we have moved way up since mid march, congratulations people!!!

moving forward at this relative level markets slow down. markets pullback, markets move sideways.
so, be careful!!

even though it is tired, market is slightly trending higher. i've personally been daytrading, i'm handling two 1% "trading" positions at a time. i'm looking for 6% plus( when i'm lucky) then i'm out no matter what i "think" may happen the rest of the day or the next day as my stocks have sometimes continued to trade higher. i've left some money on the table, but 6% or close ain't bad for a couple of grey hair hours.


premarket and early market 06/15/2009 i will be looking at :

etfc:



arst



mr



vmc



nsc





i'm lokking at maybe taking very small positions in etfc and vmc. i gave you charts with all of the technical features. do your own fundamental research. post any new inf here.


*
this would be my next and last trade. i will hold cash USA dollars until i see a good total market move, up or down!





 

Posted via email from fortypercent's posterous

buy, sell or hold?

 

both the wilshire5000 and the s&p 500 ended the week pointing up on their daily charts and their intraday charts. both indices closed above their 200 day exponential moving average.

 

 

 

 

 

the market is oing up, but man has it become tired. i'd bet that we won't see a significant pullback here, probably later, who knows when. just not yet

me, i'm not going long. whe i stop out, i'm done until a pullback. nothing wrong because cash is King!!

that's fun trading

Posted via email from fortypercent's posterous

YGE!

we moved onto YGE 3 days ago at

411.07. That one has moved up 32% since we got in.

whats a trader to do?

 

stay tuned because i feel there is no real resistance until about $16.6. if the market holds up YGE could run some more.

Posted via email from fortypercent's posterous

FUQI

i jumprd on this gem just yesterday @ 14.57. my position stopped out today @ 13.08. so far the low of the day. boy that is a slap in the face!

 

oh well, get up and keep going.

Posted via email from fortypercent's posterous