Hi Mark,
Well I won't go head to head with your TA skills, and your fascination with gold may pay off, but in the meantime there is something happening with the gizzards and I believe you should trade where the money can be made today (or at least over the next 10 days +/-). I don't have time just now to summarize the stats, but take a look at (on all exchanges) the new highs v. new lows and the advancing issues v. declining issues have turned, and then how the $RUX has been behaving. NAZ and DJI dominated by the larger caps in general, but the smaller issues are cooking great % gains.
Landry's book arrived and I am part way thru, will try to do a 1st review this evening.
Bought TALK yesterday at 2. GMGC this AM @ 2 3/4. Both were scan hits last Thurs, but I failed to act on them. Lots of others like that, sad to say, but can't trade them all (tho it seems like I try).
ELNK SSTI and INAP all going higher w/o me this time, didn't hit my pull backs. Sold part of CYTO at open, will rebuy if get the chance. PSIX moved in afterhours yesterday, and continuing today, but bears watching. Still in SBUX (watch how handles 45-451/2 level), RDRT (working on 7+), BMCS (lot of big trades at & above ask for past week).
Mark, any thoughts on PSIX? Something is afoot here it seems. I have a swing trade in BA (as well as a 20+ year holding), so will be watching that 65 level with interest.
Peace and Justice --- Patrick |
