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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,406 Blog Posts

Shooting For The Stars

RaginCajun Wed Aug 12, 2009 3:15pm EST 6 Comments

I will attempt to play the biotech lotto again, I bought [[CTIC]] & [[DVAX]] .

I also bought Sterling Financial Corporation [[STSA]] on the back of The one they call The Fly.

Not much else going on other than the shorts getting flame brolied again. However, Shanda Interactive Entertainment Ltd ADR [[SNDA]] proved to be a perfect spot to short the other day.

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6 comments

  1. Carey
    Carey
    August 12, 2009 at 3:18 pm

    At what price would ICE still be applicable for a re-entry as a bear flag formation?

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  2. RaginCajun
    RaginCajun
    August 12, 2009 at 3:20 pm

    right here looks like a good spot, if the market rolls over feel free to give it a shot.

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  3. Carey
    Carey
    August 12, 2009 at 3:22 pm

    at 93 should be fine too right?

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  4. RaginCajun
    RaginCajun
    August 12, 2009 at 3:38 pm

    bought DYN

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  5. CavemanForecaster
    CavemanForecaster
    August 12, 2009 at 7:47 pm

    I am still in my ICE short. I think the flag breakdown is still broken and I have been encouraged by how weak ICE has been on these strong market days.

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  6. RaginCajun
    RaginCajun
    August 12, 2009 at 9:54 pm

    i own puts, so i hope it does break.

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