The Picasso of this blogging game.
I bought Las Vegas Sands Corp. (LVS: 20.06 +7.33%) here @ 16.55, with a stop right below the 50 day moving average @ 16.40. Casinos had a great day yesterday, and I like the pullback, I’m in for a trade.
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MPEL looking good, now above 50 day.
IVAN & NEP breaking out
LOPE on watch
RC - would u consider NOV & SGY ‘bear flags’ ? SGY consolidating right near that $16 trendline … easy to manage?! Thx.
Out of the two I like SGY the best on the short side. Looks like it’s headed back to 200 day.
RC - I picked up PAL and EXK today thinking that they may run from here. What is your view on these two?
Go Saints!!!
Love them both.
Thanks. Would you add a stop for either one or just let them ride?
if the market rolls over, I would be quick to sell.
Sold LVS for a quick 0.30
too scared to hold things here myself.
I know what you mean. I feel the same way.
Ever since September I’ve been having a difficult time using 50d MA as a stop point. Most of the positions I watch blow right through the 50d like it ain’t no thing. I need to find a better system because at this rate I should save the time and just mail a check to the MM.