Hey Spyder, got stopped out of my CTHR position yesterday @ $11.45 for a 2% loss. Also entered CFK @ $16.80 yesterday on a LBDU trigger, closed out today in the morning on opening weakness @ $17.29 for a 2.9% gain. Just not seeing much follow through on the following day after entry... and am a little jittery at the moment. Cheers.
I am on sidelines... this market is just plain ugly right now for longs.... Today was a rollercoaster, I really don't think there is a lot of faith out there with the Fed meeting at end of June. If some clear signals came to set the tone for that meeting, the market may settle down a bit. And even though Bernake 'apologized' for his completely boneheaded stunt with Bartiromo (I hope her hedge fund husband made a bundle on that crap, what a crock of poo) he did more damage than he possibly can know... Some people on this board have made some good trades... congrats! Very impressive....
Thursday Watch List BTUI DXPE FTEK GIGM GMXR GROW MTEX SMDI TSCM TWGP I plan to watch these stocks throughout the day Thursday. - Spydertrader
Very glad to see people doing well. Nothing satisfies quite like success. It feels like the whole world has the jitters at present. You have plenty of company in that regard. Good Trading to You all. - Spydertrader
No. I enter on the break of the trendline, or on increasing rate of volume entering into a stock. - Spydertrader
No. Trend Line (Channel) Break Out. The attached daily chart contains the same trend line channels used in the above 30 minute chart. I drew the channel lines in last night. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1083404>