Random Rants and Market Ideas by Brandonf

Discussion in 'Journals' started by Brandonf, Oct 10, 2005.

  1. Brandonf

    Brandonf Sponsor

    Every method has certain strengths and certain weakness' that you have to learn to live with if you are going to trade it. I think it is very much like a relationship. I love Toni with all of my heart, but she has certain qwirks and traits I could definatly do without. I can't change her though so I live with them. My trading style is the same. There are certain market conditions I wont do well in, others I do very well in. You take the good with the bad.

    Brandon
     
    #31     Oct 24, 2005
  2. Brandonf

    Brandonf Sponsor


    WFMI will be adding to the position above $139. Moving stop to $138.50 on the entire trade as well. I am long from 136.80
     
    #32     Oct 24, 2005
  3. Brandonf

    Brandonf Sponsor

  4. Just a heads up... WFMI is technically doing great and its coming off a gap fill. but its an extremely expensive stock and i doubt it has much room ahead..

    Its a great high atr stock to swing trade.. I would be carefull holding this longer than a few days...

    --MIKE
     
    #34     Oct 24, 2005
  5. Brandonf

    Brandonf Sponsor

    13:29:46 STOCK POSITION TRADE: BUY SETUP SHLD above 124. Stops under 120.
     
    #35     Oct 24, 2005
  6. Brandonf

    Brandonf Sponsor

    I am long SHLD
     
    #36     Oct 24, 2005
  7. Brandonf

    Brandonf Sponsor

    Update

    Longs

    Skyw from $28.08. Stops under $28.60
    KF from $30.70. Stops under $30.70
    LRCX from $34.00. Stopped out at $34.40
    RTH long from $94.34. Stops under $93.80
    GOOG long from $343.90. Stops under 345.
    WFMI from $136.60. Stopped out at $138.44
    SHLD long from $124.13. Stops under $120.

    Shorts
    IVGN stopped out for a loss of 83 cents.

    Brandon

    PS..I hardly slept at all last night due to the hurricane. I doubt I will put on anything new today or come uo with any profound observations.
     
    #37     Oct 24, 2005
  8. Brandonf

    Brandonf Sponsor

    I think from several of your statements here on this thread and in the past it is fairly obvious you do not really understand the method I am using or how I am using it. Given that I think its kind of a waste of your time and talent to be trying to manage the trades I am giving here.
     
    #38     Oct 24, 2005
  9. Brandonf

    Brandonf Sponsor

    I am watching QLGC for a short under 28.75.
     
    #39     Oct 24, 2005
  10. Brandonf

    Brandonf Sponsor

    I stopped out breakeven on QLGC. I got into VLO at 97.70 as a long. The sector is looking very nice. SBAC setup, I am long 16.09

    Brandon
     
    #40     Oct 24, 2005