$TZA $LII $RRD $GLD $F Watchlist 08/13/2012

Am expecting some pullback this week from the market. A slight correction is due. Be careful of these little runs that may occur right before dips and false breakdowns.

Watchlist 08/06/2012 Review

Tough week with earnings and fear from Europe, a slowing economy and a market downturn. Earnings blew up a couple of ideas, but gains were still there.

SNTS never triggered an entry and blew up off earnings. Made a good short play on the gap under the 50day.

CVG struggled most of the week. Moved above 15.70 for a small gain but quickly dipped and closed at the same level as last week. This tested support level and may continue lower.

HNZ gapped up early in the week nullifying any play. Move below support with low volume.

HEK had a great fist day of the week and moved above the 50day for over a 4% gain!!! Eanings blew this up which is why you never hold into earnings.

PCG tested 47 and died as expected. Short entry under open would have gained over 3%!!!

$SRE $BTU $NEM $HAIN Watchlist 08/10/2012

Slow moves today. Not much conviction for this rally. Be nimble respects stops.

$RRD $IPGP $NEM $LII Watchlist 08/08/2012

Earnings blew up a few ideas. I see weakness in this rally and am not convinced it will continue for long.

$SNTS $CVG $HNZ $HEK $PCG - Watchlist 08/06/2012

I don't believe in this rally right now. Volume isn't strong and the market can turn on a dime with bad news from Europe or the US. Right now futures are up so let's play the charts. Here are $SNTS $CVG $HNZ $HEK $PCG - Let's see how these do this week. $HEK may be a longer swing trade.

Technical Analysis: The Complete Resource for Financial Market Technicians, Second Edition (2nd Edition)

Technical Analysis: The Complete Resource for Financial Market Technicians, Second Edition (2nd Edition)



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Watchlist 07/30/2012 Review

TRV was looking for the move above 62.90 and this ran to 64.10 for a gain of over 1%!!!

ALL didnt trigger the short entry since volume and price wasn't significant under 20day. Gapped above the upper res level and ran. This gained 4%!!!

CLDX never triggered the long entry. Instead this died lol.

CFFN never triggered an entry.

FRC no play as this went sideways.

KIM gained over 3% on the move above 19.4.