tag:blogger.com,1999:blog-134492872011-12-13T19:54:29.890-08:00This is a blog dedicated to daytrading the market. Note: This isn't a solicitation for investments or should it be used as a basis for investing. Daytrading is risky and if you follow others advice, you could lose your rear. Thus, your on your own.momomiesternoreply@blogger.comBlogger21100tag:blogger.com,1999:blog-13449287.post-1147397938931147052006-05-11T18:30:00.000-07:002006-05-11T18:44:28.173-07:00Ah the market. This morning I was watching all the free love for the bullish cause with commodity prices going through the roof. Yes the end users of such commodities, showed signs of distribution, yet the market for materials and metals going up like Yahoo did on it's first trading day as an IPO. Also, the day before you have mighty Goldman putting a buy reco on Hanson that sells magic energy potion that cures cancer, makes you younger, kills terrorist, and sytematically wipes out bird flu.(Mental note, do they teach you to recomend stocks that are parabolic at Ivy league schools? I must look into this) 200 on Hanson has to be a sign. Also, a sign, Cramer, from CNBC, has HANS as a bull during his lightning round. I vagually remember him ringing the bell back sub 100 a couple of months ago. Visions of Taser at the peak of the run.<br /><br />Well we started to sell on the open and you could tell it wasn't going to come back by the close. The dippys didnt show up to the party this time and things went off a cliff. Outside of some tasty shorts, and some timely google (buy the swooping panic) trades, I sat it out checking my charts for set ups when we do bounce. Beyond that who knows. Maybe I should wait for CNBC to run a bear market special to get long.<br /><br />Ideas, NTRI if it gets hit more has nice thin intraday bounces. Hans will bounce but trades like crap as far as liquidity up that high. Metals and such no where near buying a dip till they get smoked. Google is tough due to it has been lagging. I will go for realitive strength plays for the bounce looking for a little panic on light volume. Probably scalp till the market gets sold enough to go for a swing. You will know it when it happens.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/13449287-114739793893114705?l=momentumdaytrading.blogspot.com' alt='' /></div>momomiesternoreply@blogger.com0tag:blogger.com,1999:blog-13449287.post-1118026676186612882005-06-05T19:57:00.000-07:002005-06-05T19:57:56.190-07:00hello<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/13449287-111802667618661288?l=momentumdaytrading.blogspot.com' alt='' /></div>momomiesternoreply@blogger.com1