Added: 2 years ago
From: DayTraderRockStar
Views: 2,150
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  • fantastic stuff as ALWAYS

  • FDO --- will benefit from the stronger dollar which is a long term trend. the dollar has a rising 20 and 80 week moving average despite everyone saying it will crash. NDN i bought ahead of earnings and since cashed in a nice gain. FDO to follow NDN lead ??

    what do you think about BZH ?? is this a high probability pattern in your opinion?

    sorry about all my comments. its just important for new traders to know this is a very shaky market.

  • another way to look at RIG is that it is in a BOX. the bottom of the box is gap support. ive seen many stocks come down to gap support, bounce and then the second time just fall apart. more and more charts on the WEEKLY time frame are in a box. i just shorted MTH at the top of the box.

  • ------ USE PROTECTIVE STOPS SHORT OR LONG ----- they lied in 2007 saying thier is no housing crisis and have lied since about the recovery. data from the US Government is Wall Street Pump. this is a SUPER CYCLE like we have never seen. if we are lucky to get a bounce to 1104 and back test the break down of the weekly channel up on the SPX ill be amazed. alot of people just want out of this market "FOR GOOD" im hearing it from alot of people. im seeing people buying "oversold" and bam!

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