Hey guys…quick message. I bought the Q’s today just before 2pm est when it seemed like everybody on Twitter was extremely bearish. I posted it on Twitter here http://twitter.com/zentrader and I also sent whatever insight I could...
Read MoreA friend on Twitter posted this and for some reason I immediately thought of the armageddon economic prediction by 80′s rock band R.E.M. I’m dating myself a little, but it was/is a great song and eerily relevant with the BP...
Read MoreThe market is changing every moment and it’s extremely important to track everything you do in a stock trading journal. I have a few different journals where I keep track of strategies I’m monitoring and future concepts I want...
Read MoreToday was pretty brutal for the bulls, but the Fibonacci Lines suggest the retracement may stop at the 38.2% line. I held onto my longs because I didn’t receive any individual or market reversal signals. In fact, even with 94%...
Read MoreYesterday after the close my market timing system got a bullish cross. What a time for my site to go down! Much apologies at such a critical time but if you were following me on Twitter you would have known that I excited my...
Read MoreThis was supposed to be last nights post but I couldn’t get into wordpress for some reason, and it’s a shame because it would have made me look like a technical genius…lol. By my calculations on the chart below I was giving the...
Read MoreJust went to cash and sold my last bit of QQQQ. Will be doing some serious short analysis after the close and may stalk a few short ETF’s and build a watchlist of individual stocks. Just be careful when selecting companies and...
Read MoreNot much to report tonight in the way of actionable trades. The market is slowly grinding higher and I chose to exit my wannabe long-termtrade QCOR for a measly 2.5% gain. Yeah…you can’t try to be any type of trader than what’s...
Read MoreThe bulls feasted last week but I think the Wall Street bears are going to have the last laugh. Using the RSI we can see we’re clearly entrenched in a bear market and until that changes I wouldn’t put on too many long trades....
Read MoreFor those of you who aren’t familiar with Doug Kass and his “bottom call” don’t worry, you aren’t missing that much in terms of usable, trading information. Don’t get me wrong, he is one of the 40 people that I follow on...
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