by Charles | Feb 2, 2008 | Markets
Traded my first Dip Trip and I am happy with the result. I read “The Master Swing Trader” by Alan Farley several times and still refer to it once in a while. I just never really used his pattern knowingly until now. I started visiting his site recently and...
by Charles | Oct 22, 2007 | Markets
I had pre-ordered Tim Sykes’ An American Hedge Fund a while back, I received it late September and finally got around to reading it all this weekend. Tim is the trader who started Cilantro Fund Partners LP from capital he made on the market. He started trading...
by Charles | Apr 26, 2007 | Markets
Sometimes, The Onion is so close to reality it’s scary. Like in this nice piece about RadioShack (NYSE:RSH). Yet, as counter intuitive as it may sound, the stock appear to be holding up. I do see signs of the trend weakening and when it reverses, we may see RSH...
by Charles | Feb 21, 2007 | Markets
Not at entry level yet but I am adding POL (Polyone Corp) to my long watch list. I traced a trendline starting mid to late 2003 to the recent level. The results are two fairly long pullbacks following uptrends which tested the 9.50-10 price levels. If this line is...
by Charles | Feb 9, 2007 | Markets
I have been keeping an eye on BGO recently. BGO is Bema Gold Corp, a Gold mining company. A quick look at the weekly chart reveals BGO had a nice uptrend for a good part of 2005 and half of 2006. Mid-2006, the price started consolidating and bounced between a support...
by Charles | Jan 30, 2007 | Markets
ROIAK or Radio One Inc., the radio station owner and operator, just made it on my watch list. As usual, I am sticking to fairly cheap instruments. The weekly charts tells me ROIAK may have formed a bottom last August, making it an attractive long. The current weekly...