Thursday, September 24, 2009

C's HFT machines accelerating the decline 9-24-09

High Frequency Trading machines keeping it 1 way streets with no chance of any kind of mean reversion.

Wheat out of the woods 9-24-09

Monday, September 21, 2009

Back to swing trading

but on a very limited exposure using a "new" strategy targeting bullish intermediate term trending stocks that have pretty straight-lined declining highs that break that dip to the upside. It's simple, and all kinds of other filters can be applied like high short interest, shallow pullback angles, etc.

Here's my latest buys as of today:

and another stock that needs to pullback a lil bit more after the recent breakout of its declining diagonal resistance line before I pull the trigger:

All of these picks assume this annoying rally continues till SPX 1100ish

Friday, September 18, 2009

Dividends highest in real estate sector 9-18-09

SPY - Falling Wedge 9-18-09

This FALLING WEDGE with a supporting POC makes it seems obvious that there's more upside at least until 109, the top of the gap fill of Oct 16th big gap down.

but of course its easy to forget how overbought we are in the midst of a very sharp exhaustion period in a very stretched bear market rally...

Thursday, September 17, 2009

Afterhours action 9-17-09

That's the most AH block order action i've seen in the last few weeks

Monday, September 14, 2009

BKE - short squeezer

Time to set up another trend line alert!

Saturday, September 12, 2009

A lil weekend financial counter-propaganda

I'm sick of these shills spraying Paulson's/Goldman's propaganda all over the media, so I had to do some photoshopping.