October 29, 2013

Watch List 10/30/2013

October 29, 2013 by szaman

Slow creep continues in the Market,however some nice intraday trading action today.As i mentioned last night China/Momentum names were getting stretched with selling. We saw some nice reflexive bounce today on them. We were busy in the chat room playing NOAH,NQ, SFUN,CSUN ,YY,JASO , INSYetc. We ended the day with $1855 in gains! If you …

Playing bounce after severe sell off.

October 29, 2013 by szaman

Some momentum names like $YY $SFUN have been selling off for days now. When that happens as a trader, you always need to watch out for a bounce at some point, whether its on previous price or moving average support. Some time you will miss the initial bounce entry but there are ways to trade …

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