Bagman's charts, watchlists, scans and etc.

[n4te0ne]

did you see chargers post? i made a settup for those moving avg's.. i respect green with passion.. i think the fact that i'm a younger buccaroo kinda blinds me some times into watching others and seeing if i can learn from it..

but here it is.


i've learned volume trumps technical analysis.. if the right player grabs 1 mil in calls, the stock goes up.. if that same dude grabs a mil in puts, it usually tanks. yes options are used for hedging, but unusual option activity, hense volume vs. open interest points those plays out.

patience patience patience.
if you learn a settup, wait for it.
don't force it. it will come.

so i've been slow to post plays recently, because i sit for my perfect pullbacks which i now look for when they are backed by unusual option activity. some times it doesn't happen and i just buy a couple hundred shares.. look for 3 or 5 percent and cash in, hence vmc looking for 64. will sell 400 shares and let 100 ride. gave up on the 50day avg break to ad options, to slow.. not worth it, would have to buy a spread or sell a spread. to much work.

bac and c are my current banking plays i'm eyeing, options traders with $$$ are placing bets, i'll join them when it gives me my favorite pullback.. watching the 500tik range chart on that.

well buddy i'm watching a movie on popcorn time so if you haven't downloaded it already, try it out, by the way, make sure vpn is on, you don't need your isp calling you. lol

have a good night, wont be on til 10am break at work tomorrow.
taking my tablet in, the mobile platform is different on a bigger tablet than phone? not sure why. but its better.

i grilled tomatoes again tonight.. super good buddy.
http://www.foodnetwork.com/recipes/paula-deen/garlic-grilled-tomatoes-recipe.html