Let’s see if we can get some follow-through on yesterday’s strength. I’ll be watching some semiconductor stocks on the heels of the Micron (MU) news. Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. Potential day trades:
Posted by 30 September 2005
Charts of Interest
Posted by 30 September 2005
Chart Request: Sirius Satellite Radio (SIRI)
SD Trader asked for a chart of SIRI: I have a chart request for SIRI..can you break it down for me. I am currently doing mostly swing trades and this appears to be a decent oppurtunity to get it before the Stern/xmas effect. From a strictly technical standpoint I don’t like the recent action in [...]
Posted by 29 September 2005
Watchlist for September 29, 2005
It’s looking like another choppy, narrow range day. And now that this range is so clearly defined any many people have been lulled to sleep this is a great time for a move out of the range. Perhaps month/quarter-end manipulation ‘adjustments’ by the big funds will help things along. Potential swing trades: See one of [...]
Posted by 28 September 2005
Going Nowehere Fast
The Nasdaq has spent most of the last three days between 2,114 and 2,128. This intraday chart (60 minute candles) shows the range that I’ve been watching for the last two days. This type of action is basically hell for me. I guess (good) scalpers don’t mind this choppiness but I think it invites nothing [...]
