Just uninspiring and dull. Just taking it one day at a time and waiting for what the market does next. I covered GRMN for about 5 points. Just a beauty. I think BLK will be a setup for tomorrow as it went up on the nonsense WM euphoria today. I'm still short MOO and AA. See you tomorrow morning.
Showing posts with label aa short. Show all posts
Showing posts with label aa short. Show all posts
Tuesday, April 8, 2008
Monday, April 7, 2008
Light Volume
The last time the Russell 2000 had volume this weak was on Christmas Eve. That's pathetic if you are a bull. I think we are going lower soon. Two names I am looking to short are:
AA
BLK
Sorry about the light posts the last couple of days but I've been crazy busy. See you tomorrow.
Monday, March 10, 2008
Dow and S&P
Everything closed very close to session lows and ALL the indexes closed below the lows made on Friday. The DJIA is now about 100 pts from Jan lows and the S&P held by 4 points. No need for me to go through sectors as pretty much got murdered.
Alcoa, posted last night acted well as a short and the MOO short has just been spectacular, I only regret covering CMG,DECK and XME. Second time I mentioned that so you know it's like a dagger in my larynx. Let it go, just let it go. I will be back later.
Sunday, March 9, 2008
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About Me
- upsidetrader
- 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.
