RED DIRT TRADER

This blog was designed as a place for me to store links that I find helpful. These posts are not investment advice. If you’re looking for advice call your GO BROKER. My belief is the person who cares most about my investments is ME. My hope is the readers of this blog find the sidebar links as useful sources of information while attempting to learn how to manage their own money. As for advice, my Dad gave me the best I’ve ever heard, “Never trust anyone else with your money or your woman.”

Monday, April 26, 2010

RedDirtUpdate

The $SPX chart is showing some bearish divergence in the StochRSI as well as weakness in moneyflow. With 62.8% fibo retracement setting at 1227 we may finally be looking to a tradable pullback.
Gary from Between the Hedges blog has once again let us know some of his long positions. CLICK HERE
Bill Dirlam from DecisionMoose sticks with IWM for another week.
Over the weekend I purchased my membership to the AAII website. The reason for this was to gain access to their stock screens.The Oberweis Octagon scan has been hot lately. But the scan results I really wanted to see was the Piotroski. Some of the others also caught my interest such as the Motley Fools "Foolish SmallCap 8 revised" scan. I also continue to use my own scans for stock finds. My GarpScan and my ten-bagger scan continue to work well.

# posted by Chris @ 6:49 PM

Comments:

Idan Koren - Hedge Fund manager will be trading live at 11am on http://www.focalequity.com

Hello Chris, let us know if you ever want to trade live on FocalEquity.com (live video + audio)

# posted by

Focalequity : April 30, 2010 at 12:29 AM

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