EWZuber
1,373 posts
msg #60215
- Ignore EWZuber |
3/5/2008 12:39:14 PM
JAS @ $15.15
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johnpaulca
12,036 posts
msg #60216
- Ignore johnpaulca
modified |
3/5/2008 12:42:18 PM
ZUB...I hope you meant JAS short ?
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EWZuber
1,373 posts
msg #60222
- Ignore EWZuber |
3/5/2008 1:56:38 PM
VIX testing it's 10 HR.MA as resistance.
Markets might see a small move higher towards the end of the session.
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EWZuber
1,373 posts
msg #60223
- Ignore EWZuber |
3/5/2008 2:18:47 PM
John, no went long JAS then fell asleep sitting here! Bummer.
Waiting to see now if it can move above the 5m/10MA and confirm it as support, If so I'll add as it is very oversold on the Hourly Chart now and the Daily Chart is just about there too..
I expected a close above the 25 DMA at $15.20. So when the 5m chart made a move I entered but after a move higher that pattern failed.
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johnpaulca
12,036 posts
msg #60242
- Ignore johnpaulca |
3/6/2008 10:17:14 AM
ZUB...I think JAS is heading towards mid-thirteen...it opened below my upper BBand which has a sling shot affect...are U still holding...did U pick up some RIG?
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nikoschopen
2,824 posts
msg #60247
- Ignore nikoschopen |
3/6/2008 11:51:29 AM
Looks like $SPX might break below the LOD within the next 5-10 minutes.
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nikoschopen
2,824 posts
msg #60249
- Ignore nikoschopen |
3/6/2008 1:05:22 PM
Hey JP,
Still short RIG, buddy? As for me, it's one manic joy ride to say the least. I'll see where this will land me by next week. My stop is just above the next resistance at 145.
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johnpaulca
12,036 posts
msg #60251
- Ignore johnpaulca |
3/6/2008 1:44:07 PM
Niko..got gunned down just after posting....I riding GOOG down, I am up over 2% today, it took me for 2.4% earlier this week. I will pick up some RIG today and get out tomorrow. I had two great trade yesterday in KMP and FDG, loaded up the truck on them. Started a position on CEDC, I've made good money on this stock.
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johnpaulca
12,036 posts
msg #60253
- Ignore johnpaulca |
3/6/2008 3:51:10 PM
We should get some relief tomorrow...according to my tea leaves. VIX broke above my upper BBands it will most likely test that band for support...it's a great day to buy.
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EWZuber
1,373 posts
msg #60262
- Ignore EWZuber |
3/7/2008 5:57:06 AM
john, I agree. As soon as the 25 DMA for JAS was violated that left the next support at the 50 DMA at $13 and change.
I held the stock, played a little bounce which helped cushon the blow but used up a day trade in the process.
A long position in AKNS and SOLF that I bought two days ago helped too.
RIG, when it closed above the 50 DMA the odds were in favor of a move higher.
I didn't buy any RIG it's way too expensive for me also I don't trade oil stocks.
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