Some traders use the same basket of stocks while others are open to anything.
I'd like to know (those of you who actually visit this blog) in your opinion, which stock is the
easiest to trade? Is there a stock that routinely gives you success? If so, post the stock that you think is the easiest to trade.
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I can't access Z's site for some reason...so those of you looking for picks, trades will have to stop here.
ReplyDeleteI think if 109 doesn't hold on SPY we are looking at 107 ish. July 22nd has a gap fill at 107.30.
Go ahead and get long now or near the close:
BAC
MGM
AGQ
ESI
CECO
TNA
SSO
We will likely know by tomorrow or Friday if 109 area holds on SPY. 106.40 area would likely be worst case scenerio on a downdraft here.
I still think we are heading to 115.89 and likely higher by year end.
If we roll over, I'll be completely surprised and will stand corrected with many losses (I just don't think its going to happen).
Thanks Tenyear. I saw your comment in bluechip later today, so I couldnt able to enter into TNA. Maybe if there is a gap down tomorrow I will get some TNA
ReplyDeleteVG looks good here around $2. More for longer term investors though.
ReplyDeleteUSO entry around $33 ish.
I got stopped out of UTI days ago...forgot to mention that.
UNP: I can't tell if that is major batwings or a triple top. Transports are not confirming this drop in market so go long UNP now.
Go long the financials now.
LNC
BAC
C
Go long RIMM now, 1/3rd position. I'm expecting sideways action around $50-$51. Use stops accordingly
ReplyDeletelong CREE
ReplyDeleteAdded RIMM 1/3...now at 2/3rds position.
ReplyDeleteThanks for posting Tenyear... I have a few people (100's)coming here, to get directions from you.!
ReplyDeleteThanks again
Z!
back in a week.
Hi Tenyear,
ReplyDeleteMaybe you can access my site, using firefox browser
I can't figure it out.
Your password works just fine.
just don't know why the wp admin password isn't working.
Rex....
Education sector: getting a little buy action today...I had got stopped out of UTI last time. Going long ESI now $53.50
ReplyDeleteSold 1/3 of RIMM...holding 1/3rd.
ESI, I'm looking for a 60-64 exit...Gov't probably will take away 20% of students, not 50% as the current price suggests.
ReplyDeleteNo longer holding FAS or TNA. I did add to BAC. BAC is starting to look like my USO holding from late May (I have a ton of BAC).
ReplyDeleteI want to caution any onlookers: BAC hardly has any shorts. The up move may take longer.
LNC: Had a buy signal today. I missed it. $22 go long.
ReplyDeleteHi TenYear, I didn't realize Z mentioned it. Thanks for your posts!
ReplyDelete-neoken
Sorry I meant to say "I didn't realize you were posting here until Z mentioned it"
ReplyDelete