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shankapotamus

04/01/12 11:31 PM

#2170 RE: Chart Addict #2169

Sell in May and go away? Mid cap S&P chart with May (red vertical) September (green vertical). I'm trying to find a target to hedge the downside with inverse ETFs (solid black MWN). Thoughts?

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Chart Addict

04/02/12 10:56 AM

#2172 RE: Chart Addict #2169

Early morning activity

I was up early, watching the order flow, and watching the charts on multiple time frames. Here are the results.

ATRN - Looks like support is going to hold. Watching and waiting.

RTGV - Still consolidating - not terribly inspiring a start.

HBRM - Talked to me minutes after the open, and I'm now up over 45 percent in one hour!

LQMT - Gapped down on the open, dropping below support at 50 day MA. Needless to say, I left that one behind.

MJNA - Continues to channel sideways. Still watching.