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I think MERQ will print a new hod here soon. I'm holding for what I expect will be a gap tommorrow morning.
Zeev - Nice entry on MERQ.
Kevinb: The other way around - good Thursday/bad Monday or bad Thursday/good Monday. It would be interesting for someone to actually calculate the % of that over the last year. You would be amazed.
AAPL volume looking to be better than Friday. It's possible you can get out around $15.40 today. Wednesday will be the haircut day, as it will probably be for the NAZ too. Looks like green today and tommorrow. Wow... Crappy Thursday, good Monday. Imagine that...
AAPL volume looking to be better than Friday. It's possible you can get out around $15.40 today. Wednesday will be the haircut day, as it will probably be for the NAZ too. Looks like green today and tommorrow. Wow... Crappy Thursday, good Monday. Imagine that...
MERQ climbing! Exactly why I don't use stops near the previous day's lows. They took em out, and now running her..
Autosinger: It should do quite well after this last clip. Good luck,
Autosinger: The only exception to AAPL is if it's up a couple % on larger than yesterday's volume. That would delay the haircut until Wednesday. Tuesday or Wednesday you should be able to get it at a better discount.
Autosinger: The hollow red candle on Friday is indicative that Friday low was not the low. It is usually followed by a small red day (today), and a large sell off (tommorrow). This is how I see it, and it's how I'm playing it. I expect to pick it up at $13.50 tommorow. This is all IMHO of course.
SOX is firing UP!
MERQ looking great during the NAZ fall. Liking my $23.85 buy very much!
FYI - I got out of AAPL this morning at $15.06. IMHO it will get clipped 7-8% tommorrow. That's where I will re-buy it.
There goes $23.70 on MERQ. Might be able to get it at $23 if your quick..
Just bought BRCM at $19.30. Yesterday's lows for BRCM at MERQ are still intact! :)
Just bought MERQ at $23.85 eom
Michalel97123: That is exactly what Tommy Bear is saying will happen, which adds to our continued "confusion"
Correction..ending TICK on Friday was -479
The TICK closed at -579 on Friday. I can't recall a period of time when I was swing trading long when I didn't make money when it was under -450. I am very confident on a bounce here..
I hope I get an opportunity on Monday morning to get MERQ. It looks real nice to the $30 area...
I'm expexting the QQQ's to be in the $28 range by Aug 6th, where I will then short for the return trip down. I may ditch APPL tommorrow because it ended with a hollow red candle on the chart, which is never a good bottom to rally off of. I expect it to be a better buy on Wednesday where it will most likely be in the $13 area.
Buying more QQQ's, AAPL, and FFIV in final minutes. Fully locked and loaded...
We may be getting our string of GNT now. Wouldn't that be nice..
Hey Zeev...isn't it a little early for the BOYZ to be showing thier cards. This might be a way for them to suck the traders in long so it will help with downward momentum once they turn at 2:22.
Looks like DEEP RED today. That is good for us longs for the upcoming swing trade...
Bad Thursday, good Monday in effect.
SUNW getting spanked. Will pick some up at $3.95 if it ever gets there..
Green APPL's, RED APPL's. Think they are going through the crop and pulling out all the RED APPL's now. Trading in a tight range after the open. Monday should be "fruitful".
I must admit, I like GREEN AAPL's right now...
Softie just posted a FAAAAAAAAAAAAAAACK message on SI. SI is up!
Softie just posted a FAAAAAAAAAAAAAAACK message on SI. SI is up!
Then again, I'm just a couple of miles away from INSP.
I'm getting SI just fine. eom.
WOW! Yahoo AAPL board has a ton of bashers that just came out of the woodwork. A turnaround must be coming soon! LOL!
Long QQQ's at $25.05 eom
In AAPL at $14.94 eom
Ajtj99: That's my thinking..
"Charity" not in thier vocabulary. Plus, when do you ever see a gap fill go the right way when it's this slow and Joe Six Pack can even ride it up now. Ain't happening...
EXTR chart real ugly. WOuldn't stick around for earnings. They sure pumped it for the last two weeks...
Going out on a limb and saying that we close green, but see BIG RED tommorrow. Will see...
EXTR has engulfing pattern on it's chart right now. Watch the eod for direction tommorrow. eom.