Trending Stocks GOOG and SPG

Both of these stocks recently hit 52 week highs within the last 10 trading days. I love finding stocks that show  intraday trending patterns like this. You'll notice that both of these stocks sold off right from the open and  when compared to there corresponding sectors they showed increased volatility/volume and lead the way.

Trending Stocks GOOG and SPG

Both of these stocks recently hit 52 week highs within the last 10 trading days. I love finding stocks that show  intraday trending patterns like this. You'll notice that both of these stocks sold off right from the open and  when compared to there corresponding sectors they showed increased volatility/volume and lead the way.

Another Mini Madoff Fraud Alert

I'll some up this juicy story, but I suggest reading the full posts and comments( my comments are most notably the best :>)
So LT (aka Lonely Trader, aka Jason Bourne) found a guy in San Diego that was trading a 10 million dollar forex account at the Currency Cafe (aka Douche Central) and from a few sources sounded to be legit. LT sat with the guy named Lee (aka Mini Madoff) a few times and saw how he traded and was impressed and was about ready to slap down his life savings to the guy (150 dollars or some big number). However, just by chance, a guy that was defrauded by Mini Madoff was looking for his videos on youtube to show to his wife and just by chance stumbled upon LT's "LonelyTrader Blog" where he was telling the blogging community (me, FX, LT, Jules, TraderGav, and a couple other third tier blogs) about his recent encounter with a "Multi Million dollar Hedge fund trader; aka Lee Madoff Young". BAAAMMOO!!!!!!
Mr.Good Samiritan emailed LT and immediatly informed him of the fruad Lee Madoff was.
LT Pulled out his funds from Mini Madoff so fast it was reminescent of the Pullout scene in Debbie does Dallas Part II. The Moral of the story is, Google is like a God,, it saves money and sometimes peoples lives, via search results everyday.

Part 1.Another non-trading trading experience

Part 2.Lee Young, Pt II

Part 3.The Lonely Trader has been duped

Here's Lee Madoff's youtube Channel- He gives away SECRETS!!!!! (ROFL)

Another Mini Madoff Fraud Alert

I'll some up this juicy story, but I suggest reading the full posts and comments( my comments are most notably the best :>)
So LT (aka Lonely Trader, aka Jason Bourne) found a guy in San Diego that was trading a 10 million dollar forex account at the Currency Cafe (aka Douche Central) and from a few sources sounded to be legit. LT sat with the guy named Lee (aka Mini Madoff) a few times and saw how he traded and was impressed and was about ready to slap down his life savings to the guy (150 dollars or some big number). However, just by chance, a guy that was defrauded by Mini Madoff was looking for his videos on youtube to show to his wife and just by chance stumbled upon LT's "LonelyTrader Blog" where he was telling the blogging community (me, FX, LT, Jules, TraderGav, and a couple other third tier blogs) about his recent encounter with a "Multi Million dollar Hedge fund trader; aka Lee Madoff Young". BAAAMMOO!!!!!!
Mr.Good Samiritan emailed LT and immediatly informed him of the fruad Lee Madoff was.
LT Pulled out his funds from Mini Madoff so fast it was reminescent of the Pullout scene in Debbie does Dallas Part II. The Moral of the story is, Google is like a God,, it saves money and sometimes peoples lives, via search results everyday.

Part 1.Another non-trading trading experience

Part 2.Lee Young, Pt II

Part 3.The Lonely Trader has been duped

Here's Lee Madoff's youtube Channel- He gives away SECRETS!!!!! (ROFL)

The Week Ahead- Earnings

We've got more earnings this week, Thanks to the Rage for posting them.

Earnings for Monday and Tuesday- (I'll be watching BAC and FDG for sure tomorrow, and YHOO and CME on Tuesday)


Stocks I'll be watching next week-
YHOO, One of the worst charts to look at-
HealthCare Still looking bearish-
China needs that Coal,,,,I don't like the volume pattern tho-
Will XOM breakout already!
I actually think this stock looks like it could pop higher, its stock name "YUM" sounds delicious, but I can just imagine the corny 1 line headlines that will come out if YUM dissapoints on earnings.
I think we're going higher to 28 on XLF.
LEH causing all the ruckus in March after the BSC fiasco!
I think LMT is due for a downturn with Bush leaving office.
PTR- Will it Bounce?
HomeBuilders fighting that 38% Fib resistance-
Materials, apparently they are getting more expensive along with food and gas....
I don't like it, I don't like it one bit...
China, it use to lead our market, now it LAGS.......

GOOG and AAPL comparison. It looks like GOOG was in for a bounce when comparing the two stocks .
Where's Real Estate headed?
Not so sure about these Coal stocks, they pollute too much ya' know!
BORING,,,
I'm bullish on Biotech and BSX.
What would happen if CFC bounced to $18!?
Thinking of trading this stock with some options,,,Looks Lke GOOG before earnings. You know the CME's been dominating since they took over cBOT, and especially with all the volatility we've had this last quarter. Price taret is $540 or more!

Apr 18, ISRG and GOOG earnings play

Traded first few hours. Put on a short AAPL trade right when my system gave me a long signal. Took a loss on AAPL, but was able to scalp the futures to end the day positive. I'm still not in my groove, that's why I've been keeping size down and not worrying about my P/L. I need to work on my risk management more, prove to myself that I can follow my system and trade signals, stay consistent, and then maybe I will start trading larger size.


Took a loss on AAPL. My trade signals worked great today on AAPL. I however suck at trading AAPL and did not follow my initial trade signal that popped right after I went short. This means I need more time trading smaller size until I start following my signals.
Tech very strong this morning-
GOOG---up over 90pts in a day after earnings......INCREDIBLE.

Wish I shorted this yesterday- ISRG down over 60pts on earnings-
Long Term view of GOOG- could head to 580 to test that 38% fib.
YM vs ZF- A look at inverse relationships between stocks and bonds. (overall I'm turning BEARISH on STOCKS going into next week because of this relationship)
A VIX chart I posted like 2 weeks ago, The price is right at the arrow I drew 2 weeks ago.

600 posts and counting

Todays post #601. Yeppie. Anyway I'm getting back into the habit of trading now since I've got my computer running without any "Blue screens of DEATH". Chucking Vista and moving back to XP was a wise decision.

Today I decided to join in and chat with some other traders on WallStreak. There were some great calls today such as: Buy on GS near low of day, buy on GOOG at 449, and V right before it broke out in the afternoon. Although I didn't take many of these great trades, I was able to stay focused better by paying attention to what others were saying about the market. Thanks Stewie, MJ, Johnson, Blue, RaginCajun, PinoyTrader, YoungChuckNorris, Ainkurn, Denarii and others.

Today I did something I normally don't do, which is getting up early to trade. I'm sick for the 3rd time this year. I fell asleep in my recliner last night at 8pm tired as hell, got up at 3am and went to breakfast as Denny's(I ate SLAM IT UP, pick 4 breakfasts entrees- I had 2 scrambled eggs, pancakes and suasage). I came home and played CALL OF DUTY 4 online for an hour and then at 6am I went to my computer to trade. I traded the whole day while taking small breaks to snack on lunch meat. If you look at my trade log below I was making trades every few minutes pretty much the whole day while also chatting on WallStreak. The key to my success today was averaging in on every position(It helps keep stress down). Even my shitty trades on FSLR and GOOG that popped in my face, I was able to recover from by averaging in on each trade.