Today was pretty uneventful but also interesting. I only had two trades the entire day. I scaled back SWHC to its original position size and I add a 2% long position size in BIG with a stop at $16.38. It was mostly a day of watching and also a profitable one. This was extra cool [...]
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I declared victory on AZO today. After once being an AZO short, I’m glad to say that AZO hit my price target today of $155 and I closed out with a nice profit.
My AZO trade is an example that it is better to make money than be right.
I’m just above my stop on PTM, but [...]
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For those that did not read my post yesterday, I have added a static link on the right hand navigation panel just above the Google search box called “C&C Fib Lines.” This is where I am keeping what I believe to be key technical levels on several of the major indexes. So far, I have [...]
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For those that have been reading as of late, I’ve been working hard on coming up with a plan to play the major indexes below the November support levels (click on the label Fib Spectacles for an example).
I’ve been working to map out key support levels on the major indexes ($SPX, $COMPX, and $RUT) along [...]
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