Thursday, April 16, 2009

Market Comment

VIX index going down, indicates the market will continue its reversal into a bullish trend.

However the economy is still very BAD, it's just not as BAD as before.

Strugling sectors include:
-Auto Industry
-Leisure, Travel
-High-end Retail

Oversold sectors include:
-High Tech
-Energy
Entry Signal: Sell Short
Pattern: Descending Triangle + FB Failed
Indicators: Stochastic - Yes, MACD - Yes, Support - Broken

Symbol: $VIX.X / Date: Apr-15-2009 / Price: $36.17
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Tuesday, April 14, 2009

Bought: LDK @ $8.57 Date: Apr-14-2009

Pattern: Acsending Triangle + Trend across MA
Indicators: MACD-Yes, Stochastic-Yes, OBV-Yes
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Bought: STP @ $15.38
Date: 4/14/2009

Pattern: Rush Up + Break Out
Indicators: MACD - Yes, Stochastic - Mix, OBV - Yes
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Entry Signal: Long
Pattern: Trend
Indicators: MACD - Up, Stochastic - Mix, OBV - Up

Symbol: AMZN
Price: $78.93
Date: Apr-13-2009
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Thursday, April 9, 2009

Signal: Bullish (Weekly Chart)
Pattern: Double Bottom
Indicators: SlowK - Mix; MACD - Up; OBV - At Support;

Symbol: QQQQ
Price: $31.95
Date: Apr-8-2009

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Thursday, April 2, 2009

Entry Signal: Long
Pattern: Ascending Triangle
Indicators: Slow K - Yes; MACD - Mix

Symbol: USD.JPY
Price: 98.80
Date: Apr 1, 2009
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Entry Singal: Long
Pattern: FB Wave
Indicators: Slow K - Yes; MACD - Yes; OBV - Yes

Symbol: TLT
Price: $106.37
Date: Apr 1 2009

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