222 Comments

1. 3min (perma-bull with bear feet)

   Posted May 11, 2009 at 4:07 PM

   This was a nice day to examine realative strength to select long plays as we approach 904 re-test.

2. ckeltner

   Posted May 11, 2009 at 4:09 PM

   Very upset with myself for covering my fas short this morning. I held my positions (short call options) through all the whipping around up, took the best the bulls had to give the last few weeks without dropping and then covered this morning for almost less then half of what I could have at end of day. Hindsight is always 20/20 but I’m still upset.

   • Anjali

     Posted May 11, 2009 at 4:28 PM

     Think about how happy you will be if you see a gap up tomorrow …. that seems to the be trend for the mkt to climb over important resistance levels …. now go and enjoy your evening … you still made money …

     I used to do the same thing …. slowly changing my thought process to if I made a profit – be happy … I will get more trades in the future ..

3. Anjali

   Posted May 11, 2009 at 4:26 PM

   Meredith’s interview …

   http://www.cnbc.com/id/15840232?video=1120084432&play=1

   • Cil

     Posted May 11, 2009 at 4:35 PM

     Thanks!

   • morris

     Posted May 11, 2009 at 4:56 PM

     Thanks for posting this! She is such a straight shooter. The only people I believe on TV are her and Andy Griffith.

     • Cil

       Posted May 11, 2009 at 7:22 PM

       what about the Brady’s…and don’t forget Theodore Cleaver…!

4. TNbear

   Posted May 11, 2009 at 4:52 PM

   the last two trading days look a lot like March 26, March 27 with lighter Volume…GLT

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