Post feedClosing Time
Is it me or have we picked the only few "Hot Stocks" out in the market!!! From the comments section, and from the accounts perspective it appears we have a lot of movers working for us right now. Kings to you ____(insert your name here)____.
Fed announcement tomorrow, so tread lightly. That could be a reaction that stirs the breakout, or pulls the chair out from this consolidation. You have all seen my watchlist, let me see yours!
If we left anything out, feel free to add them here.
Its been a long day, I am turning in. Sorry for the anti-climatic finish today, but please stay tuned...
OptionAddict Upcoming topics include...
Index Options & Mini Index Trading
Exiting Spreads before expiration
When to add to existing positions
When should I break my trading rules?
Psychological round number pricing
I'm watching POT as a potential ascending triangle with a 14-15 point target. It's close to failing, but I'm not giving up hope yet.
I'm also watching UPS as a potential support bounce.
Posted by
Andrew |
12/11/2006 07:05:00 PM
I should have mentioned that I'm also looking at gold, particularly AUY and USGL for potential bounces. AUY seems to be the strongest of them with little to no overhead supply and near a 52 week high. USGL was added to the AMEX and may have broken out. Probably stock trades though as opposed to options.
Posted by
Andrew |
12/11/2006 07:11:00 PM
Randy,
I attended the 3 day advanced options about three months ago and have not fully digested all the information in that 3 day event. A lot of the information I need to put in practice.
Posted by
Anonymous |
12/11/2006 08:36:00 PM
Looks like SMG is going to pop big time this morning. I was getting worried with the weak breakout on Friday (though it was on huge volume). Anyone else in it?
Posted by
Brett |
12/12/2006 07:22:00 AM
brett,
caught the news on SMG early ,and entered the trade. Jeff mentioned this one a couple weeks ago. He really does have psychic powers.
I was wondering where do you see an exit on CTRP...break of $56?
Sarah
Posted by
Anonymous |
12/12/2006 07:54:00 AM
Brett,
I did PTR. Great pick. What a wonderful life it's doing a great job of off-setting my other losses. Oh well. I'm in.
aapl - bounce
aem - bounce
amag - bull flag
de - bull flag
Brian K
Posted by
Anonymous |
12/12/2006 09:10:00 AM
TIE: Support bounce at 29.
AAPL: Breakout retrace bounce at 87. Jan 90 call
VLO: Retrace bounce at 54.5, Jan 57.50 call
USG: Channeling breakout at 52.50, Jan 60 Call
LAMR: Breakout at 59, Jan 60 call
Posted by
The longest run.. |
12/12/2006 09:58:00 AM
NSTC - Bull flag breakout
ACTL - Bull flag
FD - Symm triangle breakdown
TKR - Symm triangle
GE - Symm triangle
ANDE - on trendline support - watch for bounce
Posted by
Anonymous |
12/12/2006 11:19:00 AM