Monday, May 13, 2013

Wednesday, April 17, 2013

The uppermost trend line on the $SPX has been touched

Does it mean top? I don't know but to be long here is not wise. The market may want to test that trend line again before deciding it's next direction.  I still have tons of long positions I been holding for months but I am seriously considering getting into cash any maybe buying some Jan 14 SPY puts. 1st chart connects the 99 and 07 highs. 2nd chat is a 10 min shown the market's reaction to the line.. Still too early to tell but this could be one nasty correction or worse.






Thursday, March 28, 2013

Head/Shoulders on $NDX?

You know the pattern..It is a year in the making... beware!!


Thursday, March 7, 2013

Saturday, February 23, 2013

STP

Been long since December. Looking like its coiled up and going to move higher..

What I miss?

I'm back :) I have been holding stock much longer and letting them work. I will post some ideas again soon.

Wednesday, October 24, 2012

Facebook!!

YES!!