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Archive for March, 2009
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Video Update ~ 03/31/2009 Last Day of Q1 Ends with Profit
Posted on March 31, 2009 | 24 CommentsToday we looked at the retracement of yesterday move. We started shorting early, but continued shorting more and more as we moved higher on light volume. Finally we hit the... -
Intraday Commentary ~ 03/31/2009
Posted on March 31, 2009 | 473 Comments3:41pm I should have a video up by 5:15-5:30 pm, I g2g to a meeting. Rememeber.. TAKE PROFITS EVERY ONCE IN A WHILE! 3:30pm I smell shorters abound. My favorite... -
Video Update ~ 03/30/2009
Posted on March 30, 2009 | 26 CommentsToday we look at the gap lower in the markets, breaking the ascending support that we’ve been talking about for days, and finally yielding a strong move lower. The volume... -
Intraday Commentary ~ 03/30/2009
Posted on March 30, 2009 | 441 Comments3:40pm 78.68$ is the 38.2% retracement of today’s action since the open, sellers piled in there… I’m still waiting for a potential move higher. 3:04pm TRADE: Taking profits of FAZ... -
This video gives me hope for the world!
Posted on March 29, 2009 | 11 CommentsDaniel Hannan speaking truth at British Prime Minister Gordon Brown: I wish there more straight talking politicians like Daniel Hannan in Washington! The clip has become a YouTube sensation. -
Weekend Video Update ~ 3/27/09
Posted on March 27, 2009 | 44 CommentsToday we looked at the SPY, Dow, XLF, GS, VIX, GLD and FAZ. We discuss our afterhours short trade on thursday as the SPY finally hit our resistance of the... -
Weekly Calendar: Mar 30 – Apr 3
Posted on March 27, 2009 | No CommentsMonday, March 30, 2009 8:30am Earnings Before the Open: CALM, LAYN, PRSC. 10:30am March Dallas Fed Manufacturing Activity (last -57.3%). Obama administration to announce auto industry viability plan. Brean Murray... -
Intraday Commentary ~ 3/27/09
Posted on March 27, 2009 | 352 Comments2:36pm Hey guys, the bottom of the channel has been tested yet again, and we managed to hold, yet the bounce off of it is very UNIMPRESSIVE. It looks like... -
Intraday Commentary ~ 3/26/09
Posted on March 26, 2009 | 498 Comments5:31pm TRADE: Hey guys, the SPY is trading right now RIGHT AT the resistance of the channel at around 83.20$, I want to add another 10% SDS (two times... -
Video Update ~ 03/25/2009 Tomorrow Could be D-Day
Posted on March 25, 2009 | 6 CommentsHey guys, Today is march 25th and we only made one trade because we are waiting for the big picture to come into play. The market is going to feel...