Archive for May 25th, 2006
Thursday, May 25th, 2006
I am updating the chart of DMX tech. I posted this counter yesterday as a potential short sell candidate. Original posting can be found here.
I am looking at first target 0.74, should downtrend continues. It is normal to expect some rebound tomorrow given today's loss. And in fact, at the ...
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Thursday, May 25th, 2006
Here is an interesting article by Robert Kiyosaki
What Ails GM and America
Here is another article of my favourite risk management guru Ryan Jones.
7 Seven Trading Sins and a Rat.
An audio version of Ryan Jones' article can be found on ...
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Thursday, May 25th, 2006
It was nice to have a descending triangle price setup. Short position was taken.
Position was established at 288 and closed at 286.1 as trailing stop was triggered.
Gain 1.9.
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Thursday, May 25th, 2006
There were few postings on Traderswin stocks trading blog targeting on shorting candidates over the past few days. From BeautyChina, HTL Intl to StatsChipac , Datacraft and DMX tech. With the negative market sentiment, these counters are currently moving our favour. I have quoted some rules ...
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Thursday, May 25th, 2006
This news caught my attention. Larry Williams was arrested for alleged tax evasion. Full details of the news can be found in the link below.
Celebrity market guru arrested
This is just for entertainment during this bearish day.
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Thursday, May 25th, 2006
This is an intraday pattern trade. First, negative opening of Nikkei and HangSeng gave me a direction of the day. I would prefer trading on the Short side today. A descending triangle was formed which supports the negative sentiment.
Here is a 12-min chart for the morning session.
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