Trading breakouts

Discussion in 'Strategy Building' started by gifropan, Jan 12, 2010.

  1. MRVL breakout. I also have an order to buy MENT at 8.56.
     
    #91     Mar 23, 2010
  2. GG1972

    GG1972

    How thought provoking? :D :D :D

    DE broke out today-keep an eye out on POT MOS AGU MON
     
    #92     Mar 23, 2010
  3. GG1972

    GG1972

    Closed out all of LMT CLF PSA RTH TD
    initiated JPM DE ECA KO(longer term dividend plays both eca and ko) no plans on selling em anytime soon. Holding little bit of AAPL from day trade today.

    Closed 1/2 retailers all of them across the board M NKE GYMB ANF ANN and PCL

    Got stopped out earlier last week in both FCX and NUE
     
    #93     Mar 23, 2010
  4. GG1972

    GG1972

    CREE
     
    #94     Mar 25, 2010
  5. GG1972

    GG1972

    Out 1/2 JPM +2$
     
    #95     Mar 25, 2010
  6. Getting the pullback in LMT that I've been looking for.
     
    #96     Apr 6, 2010
  7. LOL, that is still higher now than the breakout price of 80 which was a "suckers play" according to you. So why oh why is it now attractive at 82.77? You have good support at 74, but your risk is now higher. Makes no sense to me. To each his own I guess.
     
    #97     Apr 6, 2010
  8. 1st of all, my risk is whatever I want it to be, and the reason I like it more now than before is because a lot of breakouts fail, so I want to see the breakout and then a pullback before it hopefully continues higher.
     
    #98     Apr 6, 2010
  9. GG1972

    GG1972

    Havent posted in a little while

    Stopped out of 1/2 ECA@32.95(vertical move-was meant to be a longer term play but pretty sure its going to pullback here)

    Looking for entries on VZ T KMP for my longer term accounts

    CREE worked well after initial doubts, 1/2 off already after gap down today. FWLT X MA(will post chart later on how to enter intraday) new intitiates recently
     
    #99     Apr 6, 2010
  10. GG1972

    GG1972

    RIG AAPL and now MA all were similar entries where you nail it on intraday and hold a small position for a real homerun that you let run for as long as you can_almost 14 points on AAPL so far , RIG not so well but I hope it will turn around soon
     
    #100     Apr 6, 2010