06.27.08
…a day’s trading…6-27-08 Friday.
11:03am
…wow.
Oils look good so far, couple of them have a chance..for my trade…
…DAve, safe trip to Chi-Town…
2:55pm
…AEM for while, but not any time left…
06.26.08
…a day’s trading…6-26-08 Thursday.
9:01am
…the futures are down rather hard S&P (-16)…but let’s watch the opening move to get some better direction…
9:04am
…definitely, give the marke at least :15 minutes on the open to get a closer look!
12:37pm
…not good…there have been a few long term holdings I sould have liked to be playing…WMT is one…but i have not gone long because the market conditions…
12:45pm
…the DOW and S&P 500 clearly gave the sell signal in the first quarter…but it was soooo fast, I couldn’t see an exit…thankfully it gave us another chance, but NO ONE, BESIDES ME, gave caution to investors when the DOW rallied back to 13,000 …if you know of any pro’s or amatuers, like myself, that was commenting like that, bring there "CALLS" to our comments section…
…Now, yesterday I was not insightful …yesterday i thought we could have a 2 day rally off of Tuesdays lows, I was wrong. I did not have any bets on such a move, but I was hoping to create some day trades from that rally…today is clearly the opposite, a terrible day! …today shows that paying the market to see the next day open can be well worth the cost of waiting! …some days it cost $ to see the next days open…today it could have payed you back…
…the DOW is doing the WORST…GM GE C AIG PFE HD…all just horribly performing stocks…MSFT ande INTC are no treats either…but the above mentioned are craters, some closing in on $10 /per share…
…I don’t have the insight on these stocks,I’m just talking about how terrible they are! and …there is nothing else to look at… list = nothing!
06.25.08
a day’s trading…6-25-08 Wednesday.
9:40am
…back in the saddle today…Fed at 2:15pm…I have to take kids out for a while, back around 12:00 noon…
12:05pm
…looks like the S&P 500 target of 1312 was a very good target…the S&P traded for 1HOUR AND 10 MINUTES below 1312…then fought back to close at 1314 and hasn’t looked back…also the Tuesday low is setup for the 2 day move I spoke about yesterday.
…back on 6-19-08 blog, w/the S&P 500 trading around 1340, I had this to say about the S&P target
"….the markets tried going up, didn’t work. S&P 500 looking at 1331, then 1324, then 1312…I kinda like that one, 1312…"
…so far that target is golden, and w/ a 2 day trading potential up, and a FED comment at 2:15pm, I like that target to hold and suck a big 2 day rally out of this market…let’s see.
…DOW +52 (11859) S&P 500 +11 (1326)
…quick educated guess…the DOW target= 12,200 S&P target=1351
…MORE FREE FOR NOW ADVISE: THE END OF THE MONTH IS A TIME FOR BIG MOVES! THERE ARE 4 TRADING DAYS LEFT IN THE MONTH…!
…FED 2:15pm…list: DRYS BDX WFR
…fed OUT EARLY…like 2:13pm
2:18pm…
…my DRYS has taken off like a rocket, 1 problem, it needs to pull way back 1st, to meet one of my requirements… right now 80.90…so I’ll wait…
2:48pm
…got EXACTLY what I was looking for…now DRYS will need to start moving correctly higher for an entry probably in the next :20 minutes…
3:19pm
…1 second is what I needed, trying to enter DRYS…I couldn’t…that’s $1000 in 3 minutes…whatever…this day may develope into a trade that goes like this…rally into 3:00pm…3:00pm turns down, but hold in the green…tomorrow that 3:00pm high is money$$..
3:45pm
…off to other work, gotta go…
06.24.08
a day’s trading…6-25-08 Tuesday.
12:32am
…no blog today. Yahoo blog was down ALL day. Dave, aren’t you getting the emails from MONEY MAIL JEFF ?
…hope to be back in the swing w/the blog tomorrow… I did send out an email and these were the comments…
EMAIL #1
…1:20pm
…the DOW and S&P 500 rallied off of lows this morning, and made highs over yesterday…that may bring the Tuesday low trade into play…a Tuesday low can often lead to 2 higher days later in the week…looking back at the week of April 14, 2008, the setup today is very similar to that week, and that week put on a highlight show to the upside!…the big difference to me is that April had not made a monthly low as we already have in June…either way, watch of Tuesday low and look for a 2 day move this week…My list of day trading stocks is thin today, but here it is…LIST : BTU SII…
…I’ll have at least 1 more MONEY MAIL today before the close
EMAIL #2:
3:50pm
…this is the second email as promised…the market is terrible as my lack of interest today would dictate. Keep an eye out on Wednesday to hold Tuesday lows…see you tomorrow.
..back on track tomorrow!
06.23.08
…a day’s trading…6-23-08 Monday.
10:54am
…it’s Monday. The market is terrible. Good-bye.
10:54am
…probably what I should do, but I’ll stick around for more insight and intrigue…
11:57am
…once again, a huge # of comments have been deleted, damn.
…I was speaking of…last week was a bit of a disaster, and it was quadruple witching, if the market really didn’t mean what it did last week, this week would correct that expiration crazy…let’s keep that in mind as the month is coming to an end…which isoften a great time for big moves…this being the summer may usually minimize that effect, but last week was pretty BIG, so game on…
1:57pm
…my list has 1 : MT let’s see …
2:01pm
…my eating is off…must concentrate…
3:01pm
…stomach is fine, still watching MT but mostly …PX…
3:59pm
…nothing…see you tomorrow…
