Tuesday, March 16th, 2010

Neutral Range / Flag

Wednesday, January 27, 2010 at 8:18 am

25

As mentioned on the show last night, the market is forming a flag. The 5-day chart of the SPX is shown marking the neutral intraday range. Pay attention to any breaks in the range.

spx5dayspx2

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Comments

25 Responses to “Neutral Range / Flag”
  1. half $ALTR 22.65
    other half $ALTR 22.44

  2. Bought $SANM 14.40
    $SANM out 14.36, $GILD out 47.65

  3. sold $GILD 47.90. cant stand the slowness anymore.

  4. OpihiMan says:

    CLNE coil intraday.

  5. OpihiMan says:

    JEF trying to break out of coil.

  6. Purdy says:

    short aapl at 200.28

  7. Purdy says:

    short adbe 32.64

  8. Purdy says:

    short drys

  9. Pissant says:

    Bought SIRI@ .792

  10. Bought $NLST 4.02/4.05

  11. sold 1/4 $NLST 4.2601
    Sold 1/4 $NLST 4.31
    Sold 1/4 $NLST 4.20

  12. Sold final 1/4 $NLST 4.42

  13. Sold other half $YTEC 4.04

  14. al says:

    BMY had some kind of bad news

    If anyone else is still around here

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