Update. JNPR hit its target of $13.00 after setting up above 12.10. EBAY is still open with partials from Tuesday. Target is $100. Fannie Mae (FNM) has been in an uptrend since early March making higher highs and lows. Over the last 4 weeks it has based near eight month highs. Stocks do not move in straight lines and generally require rest before resuming their move. Look for buying opportunities in FNM. For a free trial of the TFMS Live Trading Room visit: http://www.tradingfrommainstreet.com Brandon
Hi Brandon, This might be a bit of topic for this thread, but since this is the pump and dump thread i though it would be ok. I subscribed to the free trial to your trading room and i was very pleased with the services you offer. So much in fact that i will subscribe to tradingfrommainstreet.com as soon as my trail ends. To all those who bash a good thing, i would advise you to try the free trail for yourselves. Happy trading, Sittas
Ebay was given as a swingtrade on Tuesay. We are long from $95.15, the stock is now coming up to its $100 price target and trading $99.50's. Be taking your profits in here. Nice Trading. Brandon
Thanks Sittas. I think we often suffer because overall the industry is of low quality, but there is a saying "if you go into a business where the overall quality is low, and you put out a good product, you will make a lot of money". The only money that Toni and I have spent on marketing is here on ET and between that and word of mouth we have grown by about 30% this month. We still have over half of our original members from Mid 1999 too. So, overall when people's first impression of me is negative because of the chatroom that does not bother me too much, but I do wish that they would take the time to come in and see what we do, then at least if they want to bash me they would have some reasons for doing it. Take care Brandon
[13:30] <brandon> 13:30:49 STOCK SWING TRADE UPDATE: FNM look to take partials off in this one up here guys. Having a very nice breakout. Trailing the stops out on the rest under 15 minute pivots. Entries from 73.80. Trading 75's now. Swingtrade list here is kickin ass. Hope some of you guys are getting these. Brandon
I'm gonna call it a week. Had two shorts this morning, one in the NQ the other in the ES which both turned out nicely plus the FNM swing which has some of it opened and profits taken on the rest. I hope all of you have benefited from this thread. Enjoy your weekend. Brandon
Update. FNM setup on Friday. We have taken partial profits and are holding a small amount for a potential larger gain, however the stock did close very poorly. Continue to keep stops under pivot points. Amgen, Inc (AMGN) has rallied sharply over the last several months to an area of strong price resistance (weekly charts). As you scale down to the daily chart you will see that we have a micro downtrend in place of lower lows and highs. The stock has rallied over the last several days to an area of resitence. Look for shorting opportunities in AMGN. For a FREE TWO WEEK TRIAL of the TFMS Live Trading Room visit our homepage: www.tradingfrommainstreet.com Brandon
http://home.cfl.rr.com/tradingscans/tradinggaps.html Jeff has added a great new scanning feature to the intraday section which will find traps. It is updated a few minutes into the day. Brandoon