Nice to roll into
work this afternoon and see everything turning higher. Plenty of continuation and opportunity out there....so don't hesitate. Trends continue more often than reverse. If you are experiencing the fear of taking a trade, size the position smaller and pull the damn trigger!!!
On to a lighter note, happy valentines day to everyone, especially my wife. Without the love and support of this wonderful woman, I wouldn't be here doing what I love to do. Amber, thanks for everything, will you be mine?
Recommendation: Get something nice for your loved one. Calls would be my first choice. Or, cuddle up to tonights Marketcast. It will be an instant classic.
Long: Everything...in size.
Short: Time today
Anyone looking at HOLX or EEM? They look like they are breaking out. Any thoughts?
Happy Valentine's Day!
Amy
Posted by Amy | 2/14/2007 01:04:00 PM
Jeff,
ODP confirmed the descending triangle breakout. Have a price target of 32. What do you think? Thanks for all your great analysis.
- Corey P.
Posted by Anonymous | 2/14/2007 05:11:00 PM
Back in HOLX today after exiting a few days ago.
Posted by Anonymous | 2/14/2007 05:13:00 PM
Did anyone else trade FLML as an ascending triangle BO? It failed, but seems to be bouncing up from support. Any thoughts as a support bounce trade above $35? Hope to meet Jeff and some of you fellow bloggers in Orlando!
Debbie Davis
Posted by Debbie Davis | 2/14/2007 08:00:00 PM