Mayday's Account Talk

[nnuut]

Looks like SPX and TRAN are at the top of their desending channels, tomorrow will tell the tale.:worried:

 

[mayday]

Looks like SPX and TRAN are at the top of their desending channels, tomorrow will tell the tale.:worried:

Looks to me like they are headed for their 200 DMA


http://stockcharts.com/charts/gallery.html?$tran

 

[nnuut]

Surely if they head in different directions, but the NASDAQ and SPX could be headed that way?:cheesy:

 

[mayday]

Surely if they head in different directions, but the NASDAQ and SPX could be headed that way?:cheesy:

We have already had our 14% correction, and met with hard resistance.
I believe it's time to climb that wall of worry.
As long as China is doing well.
Options experations tomorrow.
Like you said we will see what happens tomorrow.
I hope i'm right.

 

[nnuut]

I hope you're right, it's getting old being in the "G".

 

[Frixxxx]

I made 52% last year and that 12% this year is all but erased, until today. I hope we are on the steady climb up.......Today marking the start!:nuts:

 

[mayday]

I made 52% last year and that 12% this year is all but erased, until today. I hope we are on the steady climb up.......Today marking the start!:nuts:

I hope we are to. I don't like being whipsawed.

 

[Handballer]

I made 52% last year and that 12% this year is all but erased, until today. I hope we are on the steady climb up.......Today marking the start!:nuts:

I'm on the start line with you. Only 26.2 miles to go.

 

[mayday]

I am rethinking my position with the bad retail sales number.

 

[mayday]

We are above the 200 DMA in smalls. It is starting to cross to the upside.

http://stockcharts.com/h-sc/ui?s=$EMW

 

[mayday]

Went to the F fund.

 

[Birchtree]

June retail sales are going to be spectacular.

 

[mayday]

What a great run up in the last hour of trading.
Made a bundle this week.

 

[nasa1974]

June retail sales are going to be spectacular.

Not so sure Birch. I work part time at Best Buy and the customer base has been pretty light so far for the month.

 

[mayday]

I like my entry point of R2K 618.49

16.5597 a share.

Exit R2K 649.00, share price 17.3873

Bought into F fund at 13.8978 a share.

 

[mayday]

Shoulda. coulda, woulda stayed in now I can't
Here's todays charts.

http://www.incrediblecharts.com/tradingdiary/2010-06-14_markets.php#spx

 

[mayday]

There is a gap to be filled in the S@P

http://stockcharts.com/charts/gallery.html?spx

 

[mayday]

Well we filled the gap and then some. What is this chart saying?

http://stockcharts.com/charts/gallery.html?spx

 

[mayday]

I believe it is called a Dark Cloud reversal pattern.

http://tinyurl.com/7nzzbj

 

[mayday]

I seem to get in a little early and out a little late.

Moving my account from F to 100% G for the rest of the month.

Good Luck everyone.