Friday, August 14, 2009

Opex next week

Market ended today with loss and entered into next week (opex day on Friday) with late afternoon rally. It may resume its uptrend next week, as there is no "bad" news at all that could drag down market hard. Retails? Consumer sentiment? I could not see one.

1) PTrend system suggests to go up.
2) My FAZ trade was good by locking profits in time.
3) My MGM load works well, and decided to hold into next week. System suggests a stop on $8.35. The stop will be raised if MGM goes up.
4) I am currently not intending to open new long positions AH.
5) I have implemented a system focusing time frame on 2 hours chart, which means positions could be hold for days as swing trading. The system suggests all buy, sell and stop prices for a stock. I like to simply help to take a look at stocks for you from that system, if you want to name it. The only requirement is that stock price should be over $2 with daily average volume over 1M shares.

Have a good weekend all!

4 comments:

  1. Thanks for your help , can you plz tell me about ANR , CLF stock buy/sell recomendation with your system

    thanks in advance ...

    ReplyDelete
  2. Could you help me to check TIE, AVNR, and YGE? Thanks a lot.

    ReplyDelete
  3. Could you please help me check hban, stp and cenx or PMI. Thanks a lot!

    ReplyDelete
  4. Could you help check DRYS, UAUA, JASO and KFN, MFC.
    thanks a lot

    ReplyDelete