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My, my, everything's on the fly


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#1 diogenes227

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Posted 11 December 2012 - 04:01 PM

Breaking out and gaining altitude...(but overextended)...

Remember the one about "buy the dips" when the NYSI is rising?

Good luck and good trading.

http://stockcharts.c...55259327615.png

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 diogenes227

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Posted 08 March 2013 - 01:57 PM

Don't know why but it's my leading sector on this up swing... Airlines... :huh: Good luck and good trading.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#3 diogenes227

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Posted 03 April 2013 - 12:12 AM

Airlines! Never did believe their flight. And finally back to earth. Is anyone surprised by this?

http://stockcharts.c...64965805913.png

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#4 diogenes227

diogenes227

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  • 4,568 posts

Posted 03 April 2013 - 12:28 AM

Breaking out and gaining altitude...(but overextended)...

Remember the one about "buy the dips" when the NYSI is rising?

Good luck and good trading.

http://stockcharts.c...55259327615.png


They discontinued the ETF (FAA). Weird. I'd usually suspect that would be a bottom but in this case it appears to be a top. Could be it was only through the ETF was the stocks were being bought? :rolleyes:

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."