Archive for August, 2008
Thursday, August 28th, 2008
The DNC is wrapping up. Right outside of my loft is the Big Tent where MSNBC has been running their shows the last few days. I came back home and took a look at Dell which died after hours since they are struggling, they are down to the low 20’s. Now I [...]
Tags: dell, DNC, hewlett, hpq, MSNBC, tom demark
Posted in Articles, Stock Trading | No Comments » | Email Us
Thursday, August 21st, 2008
Research In Motion has been a strong trade for years. As I watched CNBC today it was mentioned that RIMM has run 45% up EIGHT out of TEN times that it broke through it’s 100 day moving average. We see that RIMM has not only done that, it came back and tested it [...]
Tags: BOLD PHONE, RIMM, RIMM PHONE, Stocks
Posted in Options Trading, Stock Trading | No Comments » | Email Us
Tuesday, August 19th, 2008
Well, as all the bad news comes out we find that the US who led the world into the pain is the first to come out of it. The decoupling of economies, once thought to be the norm has been found to be perhaps a bit premature. The US is still the largest [...]
Tags: CAD, forex, Forex Trading
Posted in Forex Trading | No Comments » | Email Us
Thursday, August 14th, 2008
My mom has literally called the last several market bottoms. She is probably the best long term market indicator I could ever ask for.
Here’s how the conversation works for the most part:
Mom “Jeff, what do you think about the market these days? It seems a bit gloomy.”
Me “Well [...]
Posted in Articles, Stock Trading, Tips & Strategies | No Comments » | Email Us
Monday, August 11th, 2008
Hey Professional Traders,
We have had a nice few days of rally, however don’t be fooled we are not clear yet. This could be a BULL trap. The long term downtrend is still entact. Remember we are creating lower highs and lower lows and until we take out the 200 day moving average [...]
Tags: Dow Jones, stock market
Posted in Articles, Stock Trading, Tips & Strategies | No Comments » | Email Us
Monday, August 4th, 2008
8/11/20008 UPDATE: Apple was upgraded the day after this blog and therefore turned quickly. It found a 50% fib number as support and the iphone sales and app business is creating huge demand. Price targets have been set at $200 per share.
Ok, so i went out and purchased an iphone…and no [...]
Tags: Add new tag, Apple, Stocks, Technical Analysis, trading
Posted in Options Trading, Stock Trading | No Comments » | Email Us