PEIX long setup

PEIX was a short trade entered just under a year ago which hit it's final target for a 65% gain in less than 3 months (that trade and accompanying notes & charts can be view by clicking here or by using the "Post By Symbol" feature to the right).  Once again, PEIX is setting up [...]

Mar 14, 2013 11:12pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on PEIX long setup

Shorting CBK

If at first you don't succeed...  CBK was a recently stopped out short trade which was added at the open on Jan 15th, only to be stopped out after being caught on the wrong side of a news-induced gap the very next day for a 75 cent loss.  The stock went on to flounder around [...]

Mar 14, 2013 2:51pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting CBK

NIHD long setup update

Here's the updated 60 minute chart on the NIHD long setup, which has continues to ride down along the top of the wedge.  This bullish falling wedge looks ready to pop but has yet to signal an entry (breakout above the pattern).  I continue to suggest being selective on new long-side entries right now and [...]

Mar 14, 2013 2:35pm|Categories: Completed Trades - Long|Tags: |Comments Off on NIHD long setup update

HLF short update

Trading HLF lately has been akin to hitting the "easy button" as it continues to reverse impulsively every time it manages to rally back up that that key downtrend line on the latest Icahn pump.  After the second official short trade recently hit T2 for a 19% gain just a few weeks ago (where it [...]

Mar 14, 2013 12:46pm|Categories: Completed Trades - Short|Tags: |Comments Off on HLF short update

OSTK short update

Just a heads up for those in the OSTK short that the trade is rapidly approaching the first target.  This trade, like the recent AAPL short and so many other recently completed and still active short trades which are in what I like to call "my own private bear market" are evidence that technical analysis [...]

Mar 14, 2013 12:00pm|Categories: Completed Trades - Short|Tags: |Comments Off on OSTK short update

AAPL long setup update-60 minute chart

I continue to watch the AAPL long setup closely for a breakout above the bullish falling wedge. Here's an updated 60 minute chart showing a small ascending channel that has set up within the wedge pattern. My current thoughts on AAPL are this: First off, if you are a long-side only trader or longer-term investor, [...]

Mar 14, 2013 10:49am|Categories: Completed Trades - Long|Tags: |Comments Off on AAPL long setup update-60 minute chart