See You in 2006

This is my last post for the year. I’ll be taking a couple of weeks off from both trading and blogging — I don’t want to see a computer for a while. Regular posting should resume around the second week of January. Once again I’ll continue my tradition of not making any New Year’s resolutions [...]

Watchlist for December 22, 2005

(Looks like I have server issues today, I’ve been trying to post this for 20 minutes now…) Another day, another Google price target increase. (yawn!) Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. Potential day trades:

Sellers Step In Again

We had another one of those days with a huge rally during the first hour and that was all she wrote. Luckily I learned a long time ago to be real cautious of early huge runs like that — especially on no news. I guess those quick gains were just too tempting for the sellers [...]

Watchlist for December 21, 2005

We had doji patterns made on the indices yesterday so I’m watching yesterday’s highs for a confirmation of a reversal. Oh yeah, oil inventories are released at 10:30… Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. Potential day trades:

Chart Requests: CENX, NKE, SNDK & SIRI

Here’s a chart of Century Aluminum (CENX) Here’s Nike (NKE) which is trading pretty much right on its 50-day moving average after disappointing earnings last night: I got the following note about SNDK: Can you tell me what the charts say for Sandisk (SNDK). Looking to short on any rally above 59 for a move [...]