karennma 8,057 posts msg #108244 - Ignore karennma |
10/2/2012 10:03:30 AM
DOWN she blows.
What's the best SHORT?
|
johnpaulca 12,036 posts msg #108245 - Ignore johnpaulca |
10/2/2012 10:14:29 AM
johnpaulca
6,228 posts
msg #108232
- Edit message 10/1/2012 2:59:59 PM
HUM....long at $70.99....should see $72+
***************************************************
out at $72.07
|
johnpaulca 12,036 posts msg #108246 - Ignore johnpaulca |
10/2/2012 10:20:14 AM
Karen...if you're swing trading best bet is still long, trend is up... you have to buy the dips in an uptrend as painful as it seems. Benny and the inkjets will keep printing money until the cows come home.
|
Eman93 4,750 posts msg #108253 - Ignore Eman93 |
10/2/2012 3:59:19 PM
JP dolla looking stronger though... on the weeklys the uptrend is losing mo mo..
Nice trade btw... I had TZA this am from 14.44 to gap fill at 14.80..
IWM sell the 20 day and buy at 83 thats been the range... choppy
|
johnpaulca 12,036 posts msg #108255 - Ignore johnpaulca |
10/2/2012 4:35:58 PM
thanks Eman....CMCSA looks ready to continue the uptrend...maybe good for another $1.
The slow grind on the dolla is to get it overbought without going anywhere then bam!!! market goes higher.
|
johnpaulca 12,036 posts msg #108256 - Ignore johnpaulca |
10/2/2012 8:37:19 PM
went long TWM and SH at the close see what happens tomorrow.
|
johnpaulca 12,036 posts msg #108258 - Ignore johnpaulca |
10/2/2012 8:51:15 PM
noticed healthcare stocks this afternoon running wild, maybe they know something we don't know.
|
Eman93 4,750 posts msg #108259 - Ignore Eman93 |
10/2/2012 10:15:16 PM
That health care has been on fire... XLV
|
Eman93 4,750 posts msg #108260 - Ignore Eman93 |
10/2/2012 10:17:36 PM
another perspective...... divergance on the sto.. hinting at a break of the down trend line resistance at the old lower channel line

|
Eman93 4,750 posts msg #108261 - Ignore Eman93 |
10/2/2012 10:43:36 PM
Just looking at it now, $ tagged the upper (downward) channel line.... see what happens. gld not budging much on the dolla bounce
perfect set up would be dollar runs to test the old lower channel line near the 50day and GLD pulls back to the 20day.
Bad earnings could trump any downward move in the dollar and you could see selling anyway as every one runs for TLT and GLD or any comod... XLV and XLU sectors safe havens for big money.. pay dividends

|