Invited to a Roof Party to watch fireworks. Yay, Roof. ( I have fear of heights, lately, which is strange, because I used to clean Masts ( summer job) on Sail boats back in college. That was better than any roller coaster ride–Just sitting there, swinging perversely, back and forth, in the clouds.)
FXI
–
Here’s charts and coffee’s chart on MON. It looks like it has better analysis than mine– ://chartsandcoffee.blogspot.com **CC sees MON as a short sell, because of the broken head and shoulder pattern. It’s hard to argue against a head and shoulder.
–
**
**
I’ve been following the Micheal Jackson news off and on, and I have to say, I give the white reporters a big thumbs down, reporting this story, cause when they give their opinions, they give me a head-ache.
And I give the black reporters a big thumbs up, cause they are so exuberant, when they report, they make me smile.
I’d rather smile, than get a head-ache–Then again, that’s just me.
IWM, it’s probably time to buy some insurance against any pullback—You can get the TWM calls now–and if there is a 10 to 15% correction, this month–you can sell each TWM AUG 36 call for a $1,000 profit each-
MON
here’s some Drama I really will**never get over, that MON is a chemical warfare company.
ICE
You’d better start grabbing all the PUTS, shorts you can get—VIX is about to bite you.
CELG
CELG, $46.5 is probably the most I can get for an exit–$3 above 46.5 is 49.5–so, $49-$49.5 is the
short sell entry price. I’ll worry about CELG, going above it’s 200 day, late in the week.
QQQQ trading range for Monday–
QQQQ has some short sell signals at 37.1 and has support at 35.8
Here are ideas, one liners, That describe my membership site.
$8 trading system, wins 80% of the time.
$8 trading system. Profits every day.
Unique, easy to understand Trading System. Wins 80% of the time.
Trading Robots. Learn to trade their signals.
Trading Robots. Easy guide to learn their system.
GFI, it’s a known fact that if GFI goes down, it takes the rest of the gold stocks with it—
( school of fish theory, when one turns, they all turn)
** 1958-2009
I really didn’t see today coming!
If the market wants to play rough with me, I can play rough with the market–
Don’t buy anything, unless it’s at a confirmed RSI 30.9, and If It goes below RSI 30 get out immediately and don’t buy until it’s at RSI 25.