That is a beautiful chart! It may be the best one I’ve seen in a while.
Shorting the banks via [[SKF]] offers a great low risk setup. This money making vehicle is sitting right on the 200 MA, the RSI has hit bottom, and the MACDH is turning positive.
These are all good signs, and ones you want to look for when entering a trade.
Comments »Sadly I missed this, but I will be looking for continued strength in Volcano Corporation [[VOLC]] .
Yahoo! Inc. [[YHOO]]
Comments »It’s a hot sunny afternoon in Louisiana, maybe it’s because a few of my positions are on fire!
Research In Motion Limited (USA) [[RIMM]]
Celgene Corporation [[CELG]]
Freeport-McMoRan Copper & Gold Inc.Freeport-McMoRan Copper & Gold Inc. Freeport-McMoRan Copper & Gold Inc. [[FCX]]
China Medical Technologies, Inc. (ADR) [[CMED]] – took profits today
Foster Wheeler Ltd. [[FWLT]] – took profits today
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As for the other positions I took today: Medtronic, Inc. [[MDT]] & CryoLife, Inc. [[CRY]] , they are on a tight leash. These two were breakout plays, and I have yet to see a break. A little weakness and I will be out of both.
Comments »CryoLife, Inc. [[CRY]]
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