Tuesday, January 04, 2005 4:42:00 PM
Update: NMGC CIEN ARDM TRPH SNIC CLN
NMGC hit my target exactly but didn't fill last week while out of town...took .03 loss
CIEN no move exited for scratch
ARDM TRPH chose not to play
SNIC hit target and took $1.25
TRPH got mentioned in the new livechat thread this noon
bot some, held some, looking for rebuy
agree with our COB re CLN, but am thinking that bounce plays that have retraced 50% of recent spikes may only be playable in positive markets. From another thread I saw a comment from a beginning traders' book that daytrades on long side should only be initiated if TRIN is .90 or lower and the TICK is positive.
i have no experience re. these indicators, but suspect they have validity. Any thoughts? CLN's bounce failed late today. Tomorrow who knows? post #8016 on this thread gives some fundamental reasons why I am partial to CLN
NMGC hit my target exactly but didn't fill last week while out of town...took .03 loss
CIEN no move exited for scratch
ARDM TRPH chose not to play
SNIC hit target and took $1.25
TRPH got mentioned in the new livechat thread this noon
bot some, held some, looking for rebuy
agree with our COB re CLN, but am thinking that bounce plays that have retraced 50% of recent spikes may only be playable in positive markets. From another thread I saw a comment from a beginning traders' book that daytrades on long side should only be initiated if TRIN is .90 or lower and the TICK is positive.
i have no experience re. these indicators, but suspect they have validity. Any thoughts? CLN's bounce failed late today. Tomorrow who knows? post #8016 on this thread gives some fundamental reasons why I am partial to CLN
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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