Monday, January 18, 2010

MRVL (Jan 19, 2010)

Nice chart with plenty of space to move.

Monday, January 11, 2010

Trading Plan for Monday (Jan 11, 2009)

This market has presented fantastic opportunities for some decent trades in the past few weeks.
Index traders have not benefited much though...due to a perceived flat market...which is not true.

If given a choice, of course everybody wants to trade the indexes so that they can do less work on stock analysis...lol. Analysing stocks is a tiring and tedious process and can shorten your life....hehe.

I am really suprised that this blog still has a lot of followers despite me purposely not posting a damn thing for weeks....

This week is OpEx week, so be careful out there...just don't be lured into any unnecessary traps...thats all I have to say.... If you like, you can still stick to some of the stocks that I posted....

After all, why open a can of worms if you have a choice not to do so... Trade safe and trade smart...

If you happen to like drinking Coca Cola....keep an eye to see where this dip will lead to....

Monday, January 4, 2010

Trading Plan for Tuesday (Jan 5, 2009)

GS could retest 176, taking out 180 will path a way for a retest of 190.



MOS is releasing earnings results on Tuesday, will be watching fertilizer names for any side effects.




SPG play could be interesting, at the moment this stock is resting on the 20 EMA on the daily chart. A more prudent buy will be around 74.72, we will see whether 83.83 resistance gets retested soon.