Thursday, September 24, 2009
Monday, September 21, 2009
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
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...