04.30.09
Posted in Uncategorized at 8:18 am by Razor Trader
9:17am
…in search of the day trade…
10:36am
…DOW +109… next :30minutes will tell a large part of today’s story…
10:51am
…DOW +81…day trade non-existent right now…guess that the best target is the close at SPY 87.39 from yesterday…SPY now at 88.60…but I won’t trade that yet, because the days movement is pathetic…
12:33pm
…DOW +42…one last chance at the long side doing something, in 12 minutes…
2:01pm
…DOW +12…nothing I like here, or at all the rest of the day…
Permalink
04.29.09
Posted in Uncategorized at 8:18 am by Razor Trader
9:16am
…RAZOR has to get something started…the DOW is still within the 8100–7900 trading range…very narrow…a large break is coming soon…and I will hold that direction for overnight trades…I have not had that strategy since September 2007…
9:37am
…DOW +64…if the market can not hold a gap open on Monday nor Tuesday, Wednesday seems unlikely to hold this gap open…
9:48am
…DOW +99…almost forgot…FED MEETING FOMC decision today at 2:15pm…what else do you need to know…
11:24am
…DOW +167…the S&P may be taking off again right now…i hope not I just got home and am not prepared yet…SPY 87.53…next 8 minutes will tell that story…
11:41am
…DOW +161…I need another 4 minutes to determine if we are blowing higher…SPY @ 87.51…
11:43am
..2 minutes did it…the market will have to wait until the PM hours for a big move, and w/the FED at 2:15pm we all know the waiting game is kicking in…
12:34pm
…DOW +150…not setup to cram higher before 2:00pm…but possibly a large move lower before the FED SPEAKS at 2:15pm…SHORT will be the trade focus for the next few minutes…
12:40pm
…DOW +143…just not much volatility to count on for a trade…that will come soon enough around 2:15pm…
1:37pm
…DOW +188…40 points of move…now another :35 minutes before the FED…the market is busy testing S&P monthly highs…I think there may be a great short opportunity in coming days…but this run up since March lows should get some more highs next week, which will be the shorting chance…
1:50pm
…DOW +185…the prospect of large risk has made these FED days very uncomfortable for RAZOR TRADING…but missing large moves is very disappointing…i’ll try to manage those risks and rewards…
…right now…the market is not setup for a move up, even though we are at the highs of the day…short doesn’t seem setup at all either….maybe I’m just a Scarty Cat…probably.
2:08pm
…DOW +179…can’t buy here…market not ready…so I think, but not w/great confidence… .10 cents from the days highs…
3:46pm
…DOW +118 with :11 left today…no trades as advertised…
Permalink
04.28.09
Posted in Uncategorized at 7:46 am by Razor Trader
8:46am
…Tuesday..
9:24am
…I have to laugh at this Swine Flu and the market connection…the largest banks in the world have serious survival issues…now that is a market mover, kinda…BofA and Citi combine for $11 dollars of stock…$70 billion market cap…not large, but bigger than swine flu…good news that the market is focused on non-sense again, like the Flu…
…remember the post I made yesterday…the market is moving intraday like it is going to bust…pick the direction soon…
9:58am
…DOW -36…today’s action is not moving much, very different from yesterday…watch right now for a big change…
10:04am
…DOW -1…whatever…5 out of 7 days have gapped lower, often to daily lows, and then filled back into even…this trading range has turned into 200 DOW points…8100–7900…not fun to trade…
10:47am
…DOw +41..and back in moving action…by 10:30am…today was setup for a trade whenever it comes…still that way right now…but I do NOT want to see the market DOW +32…sputter back to break even…if we are going up, and have already crossed from lower to higher, traveling back to zero is not an option for a trade going higher…it is an option however for another reversal, but I hope not to go that direction…DOW should be +80 by 11:15am…
10:52…S&P +2.94…SPY +.29 at 86.14…can not muddy this water by going back to the close of 85.84…
11:14am
…DOW +3…the dreaded flat line…SPY at 85.84…UNCH …BUT TUESDAYS have been great up days, so every benefit of any doubt goes to the BULL TODAY…until it doesn’t anymore…
11:32am
…DOW -6…terrible…but i was looking for this to be the last low area of the day…but some confirmations have got to take hold…so far, nothing is fighting back, most all TIME periods…
11:35am
…DOW +6…and just like that we get some nice action…I am going in for some :30 minute potential…
…TRADE: BUY SPY @ 85.89 at 11:35am…
….SELL SPY @ 85.62 @ 11:54am…it is what it is…
12:22pm
.done.
2:20pm
…TRADE: BUY SPY @ 81.12 @ 2:10:50pm…
…DOw +27…these are the very minutes that will determineif this market is serious about going higher or just churning around and playing some games…by 2:35pm the deal will be known…
2:24pm
…DOW +50…so far it took 2 minutes to find out the market may be serious…SPY at 86.37 and making new highs for the day…
2:30pm
…DOW +53…this should ride high and hard for another :60mintes…SPY @ 86.47…
3:16pm
…DOW +32…road it hard for a while, but not enough momentum…swine flu is spreading like wildfire in NYC…hundreds now sick…hold your breath for the next 5 days…
Permalink
04.27.09
Posted in Uncategorized at 7:09 am by Razor Trader
8:07am
…watch for a Monday with a large direction move..S&P futures are down 15 points or so…but the open could be the end of the move or just the start…Monday has become a big player in the week…but even if down, the rest of the week could fight the direction that Monday starts…let’s see…
9:55am
…DOW -36…if the DOW is less than -90 or-100 in :30 minutes this down move will be very subdued…either way is cool…it just means different preparation for a trade…
10:47am
…DOW +22
10:56am
…DOW +16…i am putting the RAZOR RUSH on brainpower this week….the intraday movement in this market is signaling a very big move coming soon…I have lots of back and forth which direction but it is not the most important thing right now…the direction will come, when it does I will be ready…back to intense RAZOR BRAIN …
11:23am
…DOW +15…if we can get a little more zip in the days action i would like to BUY this morning pullback…the RAZOR STOP SETUPS look very strong, but the upside fizzled so fast it did not set up enough potential…but it didn’t miss by much, so I’ll stay bullish looking for a trade..
11:39am
…DOW+27
…12:30pm may be the next best trade opportunity…
12:32pm
…DOW +7…pretty bad to be flat at this TIME…butit is the best opportunity as i mentioned above….I’m looking and may take a shot at a buy soon….a big :05 minute time period starting in 60 seconds….59…58…
12:36pm
…DOW -4…nope. nothing good…maybe next hour…
1:40pm
…DOW -55… i don’t see how today can be salvaged to the upside…the short side is possible, but not enthusiastic…
Permalink
04.24.09
Posted in Uncategorized at 7:46 am by Razor Trader
8:46am
…bring it.
10:11am
…DOW +66…there is nothing that is locking in this mornings gains…the gap open is ripe for filling…after that maybe we can do something with this market…
11:09am
…DOW +98…acting like a big old bull, but step back and look at the day, it is not looking very bold or bullish…the setup is scrawny… I want to buy into a monster…and today just isn’t there yet..
2:18pm
…DOW +86…sorry, even after this stress test on banks and the 100 point move, today is not in any RAZOR SWEET spot…the last 3 weeks have been tied in a 5% trading range…and the market is right on top of it…
…bottom line is that the Dow is struggling at 8,000…can’t help noticing that whether your a bull or a bear…
2:51pm
…DOW +141…weekend for me.
Permalink
« Previous entries Next Page » Next Page »
