Boring means good because a major move is underway. Till then, make best use of your time.
Also, don’t forget 10PM for my 2nd show.
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Nice, I’ll be tuned in tonight. Thursday could be the catalyst for a big move. We got a ridiculous line-up of earnings that day….GOOG, C, GS, IBM, AMD, CY, NOK, LUV, BAX, HOG, SWY
Something is up with LVLT, in @ 1.37
In GFA, watching MTSN.
CROX testing highs, watch break.
GREAT CALL
looking forward to the show John! Just wondering if you have time to cover this topic: money/portfolio mgmt. How you size your positions? manage risk? scaling in and out? etc… thanks man!
i can
CA,
Where do I find your show?
http://www.stocktwits.tv/ 10PM EST
CA, is your bet on Lehman gap fill or double top formation? just wondering. TIA.
not at the moment
UXG
Wow, just checked in for a moment and noticed the insanity happening between /CL and /6E. Are these relationships going sour or is this just a temporary hiccup? Discuss.
(you’ve touched on some of these in previous Q&As but not necessarily in great detail)
Suggestion for a topic to discuss: if you like a BO setup, will you place a buy stop above resistance the night before or pre-market or only during trading hours? Do you have a preference and why?
As a follow up question, after you buy a BO, for example, could you talk some more about your stops. In the past you’ve mentioned ‘where a stock closes’, do you usually base decisions to stay in or get out on a closing basis, even if support is breached intraday? Likewise, any additional info you provide on BO confirmation is always helpful?
As per the health/direction of the market, do you still focus on XLF, XLE, XLB, etc. and new highs/lows, VIX, put/call ratio, etc. or have you incorporated NEW/additional metrics such as the US dollar, Bonds, Oil, XLF:SPY (ratio analysis), etc.?
As Keith mentioned above, anything related to risk mgmt is great.
In general, I think the repetitious nature of showing tons of examples of what you see and what you’re using to make decisions, will eventually help it ‘click’ with your readers.
Thanks and I’ll be watching your vid tonight!
Open forum: what do you guys like to do with regards to the above questions? Have you found anything that you’ve had consistent success/failure with?
Can’t wait for your video tonight. Same format as last week? Can we send you charts?
Currently working on the Chart Addict drinking game for tonight.
good idea. I’ll bring my vodka
Goose, of course.
John,
Just watched your previous video and enjoyed it very much. I am wondering if you could say something about how you would swing trade. I’m with the Profunds and have to stay in an index for at least a day. Would this restriction change how you look at set ups? Currently, I am figuring out the major stocks in each index, charting them and trying to guess during consolidation as a breakout might be exhausted by the time, I’m able to get in.
Any thoughts would be appreciated.
Send in charting requests through twitter
John,
I don’t know if your last response was to me. But my question does not relate to a particular chart, but to how you would think about trading if you only wanted to trade an index or a stock at the most at the end of the day. In other word, how to think about set ups when you are not a day trader and can get in right on the break out or breakdown.
Incidently, just watched you live and thought it was great!!
Keep up the good work.
Just watched the previous video, it was very eye opening.
You warned us about penny stocks.
Sorry if it’s a really dumb question, but… can you move the price on stocks?
You are really doing a bang up job blogging lately.
i wonder what Chart Addict’s traffic has been like over the last 3/4 months as a percentage of the site overall
good show tonight TA
John,
I don’t know if your last response was to me. But my question does not relate to a particular chart, but to how you would think about trading if you only wanted to trade an index or a stock at the most at the end of the day. In other word, how to think about set ups when you are not a day trader and can get in right on the break out or breakdown.
Incidently, just watched you live and thought it was great!!
Keep up the good work.
Tonight’s class was terrific– even better than last week’s. Nice having fewer charts. The teaching on entries and exits was perfect. (But the best moment was the money fanned over your whole face ::))
John,
It sounded like you got all of the money at first and then later $100 bucks. Which was it?
Watching BCRX wednesday am- crossed 20 day ma tuesday– and has high percentage short
DEER (new china appliance stock) Whoa….any of you been in this? crazy
TCB
Watching a big beautiful triangle forming on /CL from 7:05 this morning to the present. Coupled with a (messy) bull flag on the Euro, if i had to guess I would say /CL’s break will be positive. Resistance levels – and profit targets if I decide to take the trade – at 75.00, 75.15
$
OCLR buystop @ 1.30
Bought ASIA, COT, MPG, NAVI, SBSA this morning
good ones jpesce– you’re on a roll!
Bought ASIA before close
NAVI
Thoughts on PLCC?
Bought BPSG. Anyone out there?
Sold OCLR swing @ $1.30 for 30% gain
ha ha way to go!!
short JPM
dumping half DBA replacing w/POT weekly chart looks good……..
Weekly chart? I’ve heard tell of them.
CNO on the Paulson bounce
ASIA power
Nice one Joe.
UTSI
BLC trying to BTFO now
SPX Breaks and closes above the high. Going higher.
The core people on this blog are doing well. Keep it up.
Lindsay – thx for all the support