iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Vacation + Setups

The time has finally come for The Cajun to bask in the sun. 2009 just might have been my busiest year EVER for Mr. RC. From starting a small business, to moving into a home, to keeping up with this psychotic market, now is the time to clear my head.

I am headed to the beautiful beach in Florida tomorrow afternoon, for those wondering, and will be back Monday morning. But, before I go, I will leave you with a few setups.

This could be a long or short play depending on which way the flag breaks, there will be coin for the taking in MGM MIRAGE [[MGM]]

mgm

If the market looks weak, I like my chances being short Sigma Designs, Inc. [[SIGM]] for a few days, a bunch of overhead resistance up ahead:

sigm

If the market looks strong, and Research In Motion Limited (USA) [[RIMM]] juices tech, take a look at Nokia Corporation (ADR) [[NOK]] , love that inverse head and shoulders. I’m a buyer above $16:

nok1

And, check out Focus Media Holding Limited (ADR) [[FMCN]] first thing at the open. A stock that can close on its high on a close like we had after the FED meeting deserves to be monitored. Also, check out the volume, me likes some FMCN:

fmcn

Off to spend this YRCW money! See you on Monday.

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3 comments

  1. Yogi & Boo Boo

    Have fun. See you on the other side.

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  2. TraderCaddy

    LSU just got away with this one.

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  3. Kiwin

    The Ragin Cajuns just got lit the fuck up by a bunch of cornhuskers from Nebraska.

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