Short Trades Category Updated

The following recent Active Short Trades will be moved to the Completed Trades category in order to make room for some more attractive trading opportunities.  Some of these trades hit a profit target while others fell short of their first profit target and have exceeded their previously suggested stop level and/or any reasonable stop level, [...]

Jan 21, 2014 10:35am|Categories: Completed Trades - Short|Tags: , , , , , , |Comments Off on Short Trades Category Updated

Friday Morning Comments & Trade Updates

I will be away from my desk for most of the day and might post some charts or commentary later today, should we get any significant technical developments in the market or with an of the active trade ideas.  We did have a couple of trade ideas hit profit targets recently, which I will post [...]

Nov 22, 2013 10:42am|Categories: Completed Trades - Short|Tags: , , , |Comments Off on Friday Morning Comments & Trade Updates

Shorting SPLK

SPLK (Splunk Inc) is about to go "plunk" as this unprofitable stock looks likely to print a close below this ascending channel.  Aggressive traders could establish a full or partial position here while those preferring to see confirmation of a breakdown could wait until the 59.50ish support level (S1) gives way.  Stops should be based [...]

Nov 8, 2013 2:08pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting SPLK