Wednesday, August 6, 2008

Two More Of Those Setups

Here are two more. I was short these before they turned up, but if I had continued to follow them, they would have been brilliant longs. Sometimes this particular patterns work for 50-75 cents, but many times they work for much more. Notice the last buy points of the day. That is one of my best tools, now that I've given you the "secret", the site is now $500 per month for more of these----just kidding LOL. Practice it and you will improve your chart reading skills on an intra day basis. Good luck. It works for me.

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About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.