4 setups i'm watching for tomorrow
Started by
TheArchitect
, Feb 25 2009 10:41 PM
11 replies to this topic
#1
TheArchitect
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Posted 25 February 2009 - 10:41 PM
GG and LIFE for a buy setup, Comcast and RKH for shorts... depending on the open.
#2
SilentOne
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Posted 25 February 2009 - 11:02 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
TheArchitect
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Posted 25 February 2009 - 11:12 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
#4
SilentOne
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Posted 25 February 2009 - 11:19 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
Mark March 6th +/- on your calendar. Either its a massive low, or a major high. Should be interesting. I missed the short trade early this week. Can't catch 'em all and I had been eyeing it for a while.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#5
SilentOne
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Posted 25 February 2009 - 11:22 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
Mark March 6th +/- on your calendar. Either its a massive low, or a major high. Should be interesting. I missed the short trade early this week. Can't catch 'em all and I had been eyeing it for a while.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#6
SilentOne
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Posted 25 February 2009 - 11:23 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
Mark March 6th +/- on your calendar. Either its a massive low, or a major high. Should be interesting. I missed the short trade early this week. Can't catch 'em all and I had been eyeing it for a while.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#7
SilentOne
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Posted 25 February 2009 - 11:30 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
Mark March 6th +/- on your calendar. Either its a massive low, or a major high. Should be interesting. I missed the short trade early this week. Can't catch 'em all and I had been eyeing it for a while.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#8
SilentOne
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Posted 25 February 2009 - 11:31 PM
hi TheArchitect,
I'd steer clear of PMs unless it is just a day trade. There could be much more downside next week.
cheers,
john
hey john, i caught most of that down move yesterday in GG ... after taking consecutive losses a couple weeks ago shorting GDX and GLD... playing them the same way i did late 2008... now they (the PM's) have been clearly trending up... maybe i'm just late to the party
Mark March 6th +/- on your calendar. Either its a massive low, or a major high. Should be interesting. I missed the short trade early this week. Can't catch 'em all and I had been eyeing it for a while.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#9
hiker
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Posted 26 February 2009 - 12:01 AM
hi Architect,
I notice at your Public list, that you include PCLN
it tested the 200-day sma for the first time today since summer 2008 .... from below.
the weekly chart is here:
http://stockcharts.c...amp;a=161660567
cheers.
I notice at your Public list, that you include PCLN
it tested the 200-day sma for the first time today since summer 2008 .... from below.
the weekly chart is here:
http://stockcharts.c...amp;a=161660567
cheers.
#10
TheArchitect
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Posted 26 February 2009 - 08:52 AM
hi Architect,
I notice at your Public list, that you include PCLN
it tested the 200-day sma for the first time today since summer 2008 .... from below.
the weekly chart is here:
http://stockcharts.c...amp;a=161660567
cheers.
Thanks Hiker.
