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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

New Long

RaginCajun Wed Dec 18, 2013 2:17pm EST 5 Comments

I bought $DXM from runner screen @ 5.55, stop under 5.40. A little thin, but this one keep popping up on my screen, and has the look:

Screen Shot 2013-12-18 at 1.14.08 PM______

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5 comments

  1. RaginCajun
    RaginCajun
    December 18, 2013 at 2:23 pm

    Other buys today include: $NLY & $WLT

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  2. bood
    bood
    December 18, 2013 at 2:36 pm

    $aria is shortsqueezing at the moment
    if it’s not shortsqueeze only then there’s some crazy run-to-the gap story occurring

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  3. Gunners
    Gunners
    December 18, 2013 at 3:24 pm

    Remember me? I’m recently long $NLY, hold timeline is forever. curious if you see something technical here or not. Hope all is well

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  4. RaginCajun
    RaginCajun
    December 18, 2013 at 3:34 pm

    @gunners, how can I forget, iBC’s library is names after you. Could be an epic spot here for longs. Made the hybrid screen last night. Plenty of upside in the tank and easy to manage here with stop on day’s low.

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  5. Gunners
    Gunners
    December 18, 2013 at 3:44 pm

    I’m in it for the long haul and for the dividends (will reinvest). Also long $FSC. on the “Everyone hates it, therefore I love it” thesis (among other reasons). I’ll sell both when everyone loves them again.

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