10:37am
Likelyhood of the SPY hitting new highs (after yesterdays action) very high… I think you can’t get short at any point now.. i’m a bull in general at this point until we can fall below the 130 line. I think a 135 target for now makes sense.
10:12am
Server time is a little off.. we’ll fix it soon enough 
Futures are on the roll up so far today as of 3am est. The market is coiling to shoot up me thinks.
Agreed, certainly looks like March will go out like a lion. Indices getting close to Feb highs once more. Will that cause a reversal? I believe it will. Bored with no positions. I may Day trade something after 10am probably on the long side. Not planning on holding longs for more than an intra-day trade, not this close to month end.
Idan, what time zone are the date stamps? Are they an hour off, or am I mistaken that I don’t live in the center of the universe
I probably never noticed- I thought it was Eastern STD time in the past.
test post to see my time.
yea something’s not right, it’s showing CDT. Oh well.
Could it be that the truth is finally out? Da Midwest is the center of the Universe?
http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
Stocktiming dot com, charting the strength of leadership stocks
eee doing quite nicely today (I have no positions in trading account)
Yes it is and here is why: http://www.thestreet.com/story/11065358/1/evergreen-energy-closes-sale-of-its-landrica-development-company-assets-including-the-fort-union-plant.html
I still am holding 3000 shares @ 2.05
still am holding TEVA here… but so far.. nothing optimistic..i need more momentum to come in and soon!
I know you said shorting is not a good idea…but I am looking at the emerging markets etf…thinking of a short when edz hits 17.60 area….thumbs up or down…i believe china has some #’s coming out tonight that the FM guys made reference to saying to wait to pick up coal on a dip off these numbers…..what do you think idan
let me ask you this question, why 17.60.. why not 17?
because i have several trendlines and a retracement at that level…are you saying to wait for the double top on edc before getting into edz?
Yeah.. i’m saying you better make sure you have an amazing tight stop on there.. i think for a day trade/swing trade, it might make sense.. but you’re fighting the overall momentum.
what happens to MJNA? it is 0.19 now.
holy shit.. no clue.. should ahve held huh?
I still hold a little, Can this one up more?
put a stop that makes sense.. and let it run i think.
My broker is etrade, I can’t put a stop on a penny stock
then write it down your stop on a peice of paper and follow it until you can put a 10 cent stop loss.
thanks
Hi, All
AIG is keep low volume for five days, and hold $36 (50MA) very good, I have strong feeling, it will bounce $2 in the next two days. Any thoughts?
Akira
My thought on that.. is that volatility will come back to AIG in the next week but i wouldn’t be so sure it’s to the upside.. i’d rather buy it above the 20 SMA daily than below.
I agree, the direction is questionable. I’ll try to load a little option in the next days for test.