Here's the morning mail...good and bad<G>
Good morning everyone..
yesterday was a solid day for all of us, many were daytrading better and better..scalping, and making money..solid trading...
i just got Carpino's update and will send it after this e-mail...i am going to take profits in RBAK today i have 10 points...
i may exit JDSU and the QQQ's and re visit late Fri...we'll see, of course i will post it live in the room..
as for my general feelings they have not changed..in fact they are getting bit more bullish here, because people are very scared and cautious...this is important, for the market's to move higher..we need some fear,,,,
today the High Court will rule..it should certainly move the markets one way or the other, we'll play into that move...
lot's of eco reports coming out this week too..a perfect type week to make serious money for our coffers...the accts are building each and everyday...
ok here are some longs and shorts to play today....remember the semis have begun their move off the bottom, and the bio techs too..Oils are rolling over and down...while banks are moving up here...
TRADERS LIST FOR TODAY
1....VTSS--BREAKS A TRIPLE TOP AT 66, CHARTS DEVELOPING NICELY HERE 65 IS THE PULLBACK TO BUY AS IT REVERSES BACK UP..TARGET 74...TRADEABLE..
2...LTXX---A BABY<G>..HAS VERY HARD R AT 16, A QUINTUPLE TOP AREA...16 1/2 TO 17 IS A BIG BREAKOUT AREA FOR THIS STOCK...COULD RUN INTO THE MID TO UPPER 20'S EASILY..JAN/FEB CALLS OR BUY THE BREAKOUT..
3...TIBX---IT'S RIGHT AT R HERE AT 77/78, CHARTS LOOKING VERY NICE...BUY THE NEXT SOLID PULLBACK AROUND 70ISH AREA IF IT GETS THERE...GOOD POSITION TYPE PLAY..
4...ABSC---ANOTHER BIO I LIKE, ACTALLY MAKES MONEY<G>..44 IS THE PULLBACK TARGET TO GO LONG, HAS R AT 49, THE BIO'S ARE ON THE MOVE...
5...IMNX---HIT R AT 49 AFTER A TRIPLE TOP BREAK AT 43...WAIT FOR THE EXPECTED PULLBACK AND REVERSAL STICK TO ENTER HERE...
6...TECH---LOOKS LOWER TO ME, MOVING TOWARD ANOTHER SELL SIGNAL, SHORT ALL RALLIES IN THIS STOCK..39 trigger...
7...GMST---MAKING LOWER HIGHS, RUNNING THE DOWNTREND LINE HERE, COULD TEST 37/38 GOOD SHORT...
8....ADBE---RALLIED UP TO A LOWER TOP HERE, WAIT FOR THE 3 BOX BACK DOWN OR 71..MIGHT HEAD TO 66/67 ON A PULLBACK...
9...NVDA---ALREADY REVERSED DOWN 3 BOXES...HEADING TO ANOTHER LOW TEST AT 40ISH HAD R AT 50...A DOUBLE TOP AREA...GOOD SHORT..
10..AMZN---WATCH FOR ANY WEAKNESS HERE COULD ROLL OVER AGAIN AND GET HIT..POSSIBLE DOWNSIDE TARGET 19/20..
SO SOME LONGS AND SHORTS TO CONTEMPLATE ..PLEASE HOLD 3-4 DAYS OF TRADERS LISTS...THEY CONTINUE TO PERFORM NICELY...
SEE YOU IN THE ROOM..
the name of the room today is..stocks options indexs live with oj..lower case password too..is on the site
best to you all
jerry |
