KISS

[**D*A**]

Dude, I don't know if you are still alive or not? I hope that you are not only alive, but in good health and spirit.

I've been noticing these two headed monsters with the moving ave convergence look again.

[**D*A**]

JVA

[**D*A**]

DAN 13.24

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ITMN popped and dropped. I like it even better for another round at 8.96

http://finance.yahoo.com/news/intermune-says-canada-approves-lung-211615096.html


daily chart - weekly is below

[**D*A**]

ITMN is a stock that might fit your swing trading requirements. I like it a bunch here at 9.11

[**D*A**]

I like the CE $37.50 Aug calls at 1.10 on the ask now.

CE is at 37.28 and moving up.

[**D*A**]

If you love something and miss it, set it free. If it comes back to you and then jumps? It was meant to be. If it comes back to you and you miss it twice, you don't deserve her. Maybe you should consider bonds or cd's?

[**D*A**]

CSCO- watch for that deep V head formation now.

[**D*A**]

That two headed dragon is still a fire breathing dragon. It would be interesting if it duplicated the previous run and formed another 2 headed look.

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I think I've got a slow mover that may be good for your unattended situation. AA $8 Aug puts are at .13 on the ask now. IMO-a small pickup at this level should work on this bearish wedge. I wouldn't rule out a move up first.

[**D*A**]

Some trader's feel that now is the right time to enter anyway. I certainly don't think the run is done yet.

[**D*A**]

darn it! I was afraid of that.

Two of my favorite option choices right now are FSLR calls and SLV puts.

[Phoenix-Rising]

there it goes... :( no fill for me

[**D*A**]

Thanks, these falling knives are always tough to guess. The high volume left shoulder selloff and the sideways consolidation period leading into this dip makes me think it would be a safer play.

It's hard to say, as soon as you put in a low bid, they'll gap it up and run. Most of the time, there will be some type of reversal candle first. long legged doji, hrc, black candle or a hammer, completely beneath the previous big red candle.

That tells me the chance of getting in on a low bid are better right now.

[Phoenix-Rising]

August 12 calls bid .45 ask .55

[**D*A**]

FNSR - just about ready

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Are you paying any attention to this 2 headed dragon look? The last I looked, the dow has finished down 6 days in a row.

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A lot like today.

This is the new low I was looking for. Now we want to see a positive candlestick and volume.

[**D*A**]

This is the new low I was looking for. Now we want to see a positive candlestick and volume.

[**D*A**]

XCO (6.92)

[**D*A**]

FDML - don't you love it when a plan comes together?

If FDML plays according to what I'm thinking, it's about to make a dip lower. Its the candle that breaks out of the downtrend and closes higher than the previous close to watch for.

[**D*A**]

FSR 7.96

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WTG on your double.

[Phoenix-Rising]

FDML popped up nice today
I sold my PIR calls for a double

[**D*A**]

The process is playing out rather well. Even if the whole market looks like this chart, we can get an idea of what we might expect from the market. I've noticed that the lower the $vix goes, the more reliable and predictable the charts and patterns are.

whole market looks like this chart

[**D*A**]

The options on this are so darned expensive. They do make monster moves though. A person of your wealth, education level and social stature may have enough capital to swing a few?

[**D*A**]

Are you into channel surfing? Here's another in the medical field no less.

[Phoenix-Rising]

ARII..uggghhh should bought some options

[**D*A**]

I was starting to wonder where you were? There may be something to that pattern?

[Phoenix-Rising]

two headed dragon!

[**D*A**]

Here's that two headed look again.

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Here's a chart that I just found in my file. It's a textbook example of an inverted head and shoulder bottom reversal pattern.

[**D*A**]

RVBD (15.31) this is consolidating in the sideways channel and could probably be played off the bollies. Just don't trust it the next time it comes down, it will probably form a new low and then come back to trade in the channel for a bit.

[**D*A**]

On special occasions, if you hold your mouth right on the 3d Friday of June in an even numbered year, things work out like planned.

[**D*A**]

AMSC/MCGC- To the best of my knowledge, the text book reversal process is for the head to go down, not up. I remembered the spike instead on the MCGC chart. Tonight, I'm going through the list and noticed this. It's a similar two headed spike look, then consolidation and the ma's/bollies converging.

mcgc chart is below for comparison

[**D*A**]

seriously, why do you like channellers?

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That does sound tough. I would think you might be able to get away with swing trading a couple of big board stocks and using the market as your guage. Like I do with MET. When the market sucks, buy MET. When it comes back, MET does too. I look at it as using MET as a tool to trade the market. The real key is finding a good solid fundamentally sound stock that rises and falls with the market.

That's what I always hated about the lower dollar stocks. I could guess right on market direction and the pos wouldn't follow up.

[Phoenix-Rising]

Im absolutely confused as to market direction right now. anyway the following two charts explained it well. Im trying to play options, but only get a half hour lunch break no time before or after work..... making it real hard... I come to your board for help finding stuff to swing

[**D*A**]

You still can't do much if the market sentiment is against you. I have found that by looking for these processes, my number of gains increase but more importantly, I'm not getting as many big losses. That's what always killed the account.

[**D*A**]

I guess it all depends on how you look at it?

[Phoenix-Rising]

pretty cool stuff... thanks!

[Phoenix-Rising]

whole market looks like this chart lol

[**D*A**]

This is what we want to see the moving aves and bollies look like at the end of the process.

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HPQ is further ahead in the PROCESS. It's taking that dip and trying to form the head. The previous trend, neckline resistance, and volume are key components in trading this pattern.

If you notice? this is when alot of the insider's do their buying.

scroll down to the bottom of the page in this finviz link for insider info.
http://finviz.com/quote.ashx?t=hpq

[**D*A**]

FNSR - please see previous post for ideas on how to play this. Please refer to this chart on ideas on how to play FDML.

[**D*A**]

FDML - keep an eye on this. For someone who can't watch the market all the time, I think this would be a good one. It's possible that I'm totally wrong, that happens a lot.

I expect this to consolidate and build a base for a bit, then dip hard, form a "V", then consolidate in the same channel as before and then move up, picking off each major moving ave as it goes. 20/50/100/200/400.

I think it would be good because if it consolidates in a sideways channel, picking it up at the lower bollie and selling at the mid and upper bollie would work a few times until it dipped.

[**D*A**]

STV 3.13

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Hey batter, batter- SWING!

[Phoenix-Rising]

thanks. love them.. stops are easy. set it and forget it for the most part

[**D*A**]

ARII - I hear you like channellers?