Charts and Coffee on February 7th, 2009 at 9:39 pm Central Time

Here is one that I was following. I admit I got sloppy and I was not paying attention on the break above $15.20. We might be in luck. RSI is pretty hot right now and we have resistance at $16.83. This one is also a little ahead of the other bulk shippers. I’ll be looking [...]

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Sold Naked Puts on DSX & UCO
Options Expiration - October 2009
Weekly Stock Pick
DSX Option Assignment in my IRA
Read more on Diana Shipping at Wikinvest

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Charts and Coffee on January 22nd, 2009 at 11:11 pm Central Time

Other activities kept me from looking for new ideas tonight. I did want to do a journal entry rather than posting nothing at this late hour.
I posted in the comments section this morning in the pre-market that I was taking down a large short position in IWM to hedge out my portfolio. I mentioned yesterday [...]

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Key Price Levels: December 29, 2008
Key Price Levels: SPY, DIA, QQQQ, and IWM
Read more on IShares Russell 2000 Index Fund at Wikinvest

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Charts and Coffee on January 9th, 2009 at 4:55 pm Central Time

I shorted this at 37 waiting for a plunge back down. I just closed this out in after hours trade at 34.10 after the nice move down to support. I’ll be waiting to see if the support holds at 34 or whether there is a breakdown. If this breaks, I’ll be jumping back in.
I have [...]

Continue reading about (IYR) – Real Estate – Will it break support? Also, for those that missed TBSI….

Charts and Coffee on January 5th, 2009 at 7:25 pm Central Time

Enter = 10.35, Stop 10.01, Target = 16-17

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