Thursday, July 30, 2009
Placed some ORDERS!
Placed a few trades this evening. Stop Limit on DOG. Stop @ 61.35 and Limit @ 61.40. This is a breakout trade above today's doji. If filled I won't risk much below the bottom of that doji. Also placed a Limit order for TLT @91.90. If things work out money coming out of stocks will work its way into Treasuries.
I've also placed orders for my IRA. Will be flat the market if the orders are filled.
Wednesday, July 22, 2009
New Position Opened July 10th, 2009
I purchased 5 shares of Berkshire Hathaway(Baby shares of course). Set my buy limit at $2750 and got a fill on July 10th. I saw what I felt would be a bullish divergence set in. So, my strategy was to buy below June's low and hope MACD would make a higher low. This was confirmed with a breakout above the July 1st high which has now formed a W pattern. We should see a pullback at some point to the top of the W for a test of support. If volume picks up in the 2930 area during that pullback and holds as support I'll add to my position.
Saturday, July 18, 2009
Dude playing quitar
Thursday, July 16, 2009
Givin' Ol'farts a reason for breathin'
Tuesday, July 7, 2009
Slow Drag Down
This chart tells me it could be a slow grind lower until the 50ma and the 200ma converge. The $spx closed below the 65 day moving average today for the first time in months. That's not good! There is a way to play this DOG.
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