Replies to post #3020 on Trading with Jerry Olson

[Bearmove]

I hear ya. You're totally correct. I'd like to visit your trading chat room. I have a Mac. Would I be able to get in?

[madrose1]

Jerry , since the middle of January AMAT was "pretty much" a swing short ...there was mighty mighty selling up in the 24's before
http://stockcharts.com/def/servlet/SC.web?c=amat,uu[h,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&a...

as was KLAC AMAT INTC NVLS .


all the other charts are exactly the same .

Now since I called the top for you on the semis , you can call bottoms for us please ,


bottoms you know best right ?

;)

* Now maybe eBAY might qualify for a "swing long" thru the same period ...or RIMM .

[madrose1]

actually , if you see those last two white bars "up" on AMAT , just before the two larger bars down , right around Jan 12th...I was in the room telling you of the selling and large size I was seeing on the ecns...and shorting AMAT there in the $24's ..still nothing but noise from you.
http://stockcharts.com/def/servlet/SC.web?c=amat,uu[h,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&a....

you always seem to get a large backside bounce on these high betas to sucker more in , and let them unload more and unwind positions.

Now take a look at KLAC , where I was trying to tell you how hard it was to get it short @ $62.10 that day and seeing bothing but stymied wall up there also around Jan 14th ...more noise from you.
http://stockcharts.com/def/servlet/SC.web?c=klac,uu[h,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&a....

Jerry , I couldn't have hit the tops more perfectly for you, and glad you have taken the time to acknowledge my efforts and work
for you as always friend .



( Now as for calling bottoms , I hope we'll all hear about them before they happen , just as i called the tops for you)


Ok "Big Guy " ? We won't mention AMZN ....


** AMZN and YHOO both putting up fights around the 200 and the
50 ...so which way do they go ? I have been trading them both in these channels for tiny scalps , long and short.

tia

[madrose1]

Another thing ...the "short trigger" you had written about for KLAC back on Jan 12th was $61.90 I think or very close to there ...


KLAC rallied up to $62+ ever so briefly and plunged back down that day , not only taking that $61.90 out but losing $61
altogether later on that day
http://stockcharts.com/def/servlet/SC.web?c=klac,uu[h,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&a....

....so Why even bother to write about short triggers at all, if you wont even take them yourself or notice them as they happen and make the call ?

KLAC goes onto lose 5 more pts after that short was triggered .

This is a very unreliable way to trade and offer guidance ....