johnpaulca
12,036 posts
msg #108651
- Ignore johnpaulca
modified |
11/2/2012 9:13:11 AM
DJI....trend is still down, be careful with long positions don't be afraid to take profits after couple of good days. I'm buying the inverse ETF's dip.
Hourly trend is up resistance ema100
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Eman93
4,750 posts
msg #108652
- Ignore Eman93 |
11/2/2012 9:20:24 AM
looking to start a short today bearish 20 50 cross on most indexes.. I just figured out the IWM walks in lock step with the rut mini..LOL see if we get another pop to the 50day IWM 83.07
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johnpaulca
12,036 posts
msg #108653
- Ignore johnpaulca |
11/2/2012 10:29:26 AM
Market rejected at ema100 on 60-min chart...anyone buying this??? support on daily ema100 if this holds I will enter a small long position.
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johnpaulca
12,036 posts
msg #108663
- Ignore johnpaulca |
11/2/2012 2:19:09 PM
SSO....looking at an opportunity to get back in below $60.
Buy signal may occur early next week...... hourly trend is up will buy the pullback.
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johnpaulca
12,036 posts
msg #108664
- Ignore johnpaulca |
11/2/2012 2:43:35 PM
SSO....long $59.25...scalp stop at $59.19
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johnpaulca
12,036 posts
msg #108665
- Ignore johnpaulca |
11/2/2012 3:09:24 PM
SSO....out at $59.43
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johnpaulca
12,036 posts
msg #108666
- Ignore johnpaulca |
11/2/2012 3:50:23 PM
SSO.....stops being taken out...ouch...went long at $59.02...will carry risk over the weekend.
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johnpaulca
12,036 posts
msg #108682
- Ignore johnpaulca
modified |
11/5/2012 4:06:32 PM
SSO....hit $59.53, close to where I sold it on Friday, will hold it because of the buy signal on 60-min chart
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Eman93
4,750 posts
msg #108683
- Ignore Eman93 |
11/5/2012 4:38:33 PM
UPDATE: Market Chatter: Radian Drop 14%, Still Near High - Shares Hit by Negative Barron's Story
BY Midnight Trader
— 1:01 PM ET 11/05/2012
01:01 PM EST, 11/05/2012 (MidnightTrader) -- Radian (RDN) is down 13.75% to $4.64 after Barron's questioned the fundamentals behind the stock's recent rise in this weekend's issue.
The publication suggests that the rise in the shares is due to "misplaced hopes that it (Radian) will somehow benefit from the recovery in the housing market." Barron's said, "think again." Barron's notes the stock could be a dead man walking.
RDN is trading in a 52-week range of $1.91 - $5.55.
Price: 4.64, Change: -0.74, Percent Change: -13.75
http://www.midnighttrader.com
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johnpaulca
12,036 posts
msg #108690
- Ignore johnpaulca |
11/6/2012 9:22:31 AM
Notice how this news came when the RDN was extremely overbought ya gotta love this market.
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