July 2007
You are browsing the archive for July 2007.
No New Long Positions And Two Stocks I Am Adding To My Existing Positions
NOBODY SHOULD BE GOING LONG STOCKS AT THIS STAGE OF THE MARKET. TODAY COULD EITHER BE A TOP OR IT COULD EITHER BE A BOTTOM. THE AMOUNT OF VOLUME ON TODAY’S MOVE IS VERY VERY HUGE. WITH THE BREADTH AND UP TO DOWN VOLUME SO LOPSIDED, IT IS POSSIBLE WE PUT IN A SHORT-TERM BOTTOM. [...]
No New Short Positions For Thursday
I am going to post the charts of yesterday’s shorts, tonight. I got busy yesterday. I apologize.
If this was a bear market, TCO would make a good short here.
TCO
One New Speculative Long Position And One Stock I Am Adding To My Existing Position
new speculative long position: MFG
MFG is bouncing off the 50 day moving average, closing above the July resistance and at its HOD, on strong volume. This chart is very pretty for a new issue as it has green BOP and max green BOP all over it. The great intraday daily price action, heavy accumulation, and [...]
No New Short Positions For Wednesday But…
no new short positions for wednesday but it is apparent that all my short recommendations are working so the market is probably setting itself up for a possible downtrend. however i do not recommend going short until after the market has clearly topped. something tells me the crowd is too bearish right now for us [...]
No New Long Positions And Two Stocks I Am Adding To My Existing Positions
It is time to stop going long stocks, for now, if you are a newbie. Just sit back and watch me trade, unless you are completely experienced at this. The market needs to restart an uptrend before newbies can even consider going long stocks. If you are not checking out the short candidates that I [...]
No New Short Positions For Tuesday
If this was a bear market, DBRN HTLD and ITMN would be good shorts.
DBRN
Three New Featured Long Positions, One New Very Speculative Long Position, And Two Stocks I Am Adding To My Existing Position
There is nothing here in the new longs that is perfect. All of the new Featured longs have some flaw or some reason to not be bought in bulk. The prettiest chart in the bunch is HUB.A. Gold members know how much I like this one. But due to the fundamentals not being great I [...]





