Margo's Swing Journal

Discussion in 'Journals' started by margo_trader, Oct 11, 2002.

  1. My plate is pretty much full at the moment and I don't have much time tonight, but I thought I'd post a few that I'll be watching over the next couple of days.

    This still has a ways to go before it's actionable, but I'll be a short at the highs.
     
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    #151     Oct 29, 2002
  2. were you able to nail cox...

    do you consider earnings announcements in your plan?
     
    #152     Oct 29, 2002
  3. QQQBALL,

    No, I missed it. I had my finger on the trigger, but they pulled the plug a point to soon.

    I don't read news, but I try not to take a new position in something going "into" earnings....assuming I'm aware their announcing of course.

     
    #153     Oct 29, 2002
  4. I've traded this before and it's a tough customer. I'm going to take a smaller short position between prior support & the 200 MA.....$21.15 - $22.00.
     
    #154     Oct 29, 2002
  5. I think I've posted this chart before but I'm not sure. First of all, BigCharts is showing some bad data here......I'm not seeing todays stick. I'm short a small position at $70.00 and I'm still hanging on. I'll add to it on a move up to the upper wedge line I've drawn in. I'll blow out of it ALL if it moves over the same. Over the intermediate term, I'm seeing risk down to the the lower $50s......long term down to the mid $20s.
     
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    #155     Oct 29, 2002
  6. I've traded around this several times over the past few months. I'm shorting it as close to trendline resistance ($48.00) as possible with a 3/4 - 1 point stop. Targets to the $38.00 area at a minimum.
     
    #156     Oct 29, 2002
  7. Lots of gaps in this pig. I'll short at $32.00 - $32.25....smaller.....loose stop.....target $25.00
     
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    #157     Oct 29, 2002
  8. I'm shorting any rally up to the 200 MA....anudder with gappage. Risk to the mid $50s.
     
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    #158     Oct 29, 2002
  9. I traded this for a loss the last time I took a position. I've redrawn the chart by adding in a broad pattern.....I'll explain later what they are for those who don't know. I'll take a low risk short at the UPPER line.....I'll get out on a move over it. Intermediate term target at the $35.00 area. Excellent reward/risk ratio.
     
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    #159     Oct 29, 2002
  10. Can't go without posting at least 1 long. I'll try this for a bounce over resistance....not much overhead. Caveat.....low volume.
     
    #160     Oct 29, 2002