Search results

So taking a day such as today with general weakness across U.S. equities..... If you came across a specific bullish trade set up on an individual security that you found attractive, would you discount it due to the macro weakness in the market ? Or asked differently, how much credence do you...

No, meant the bio tec sector ETF symbol: IBB

Since I have a shorter time frame (using 50 delta options as my vehicle) I would wait until a stong break above 35.48 on the close (Just my method). SCTR and ADX line look good and IBB coming off the pivot low is looking healthier.

@vanzandt ..wish I held my AAP puts, nice call.

GLD testing support again at 116.18..if broken 14.3 next ?

Joined you in cenx . long july calls 16 strike at .79. looks to be closing over resist at 15.7 and exposure for post july 4th rally.

Fooled By Randomness was more readable.....

that is not my quote.....my post was #5

When you read someone such as Taleb, I think you have to keep it in the abstract. ie: events are more random than many perceive. Not, everything in life is random. Specifically on trading.... I took a lot from his point that if a trade is not working, you do not need to figure out the why...

@vanzandt nice call on AAP. the long puts that I was bidding 2.7 last week (did not get filled) opened at 5.3 today.

Agree, If it were not for the holiday I would buy a few ATM puts if closing below 22.26.

If you pull up any chart and add SCTR as an indicator it will show. No membership needed.

@baggerlord I know you've been working with the NL concept. If you look at stockcharts.com SCTR indicator it is coming up with similar results with a lot less work. Don't know if it is better or worse, you just may be interested.

Thanks. And as you probably know stockcharts.com has their own SCTR indicator, which may be redundant to what you are already doing.

@eganon69 looking forward to your journal. Do you care to comment on where you source your initial ideas from ? Ie: a FinviZ scan or similar. Understand if you don't.

@dumpdapump "not that I care "....then let the guy run his journal, if you don't likeee don't readeee. I don't understand why people have to bust stones on this site, not every post/thread will be relevant to every reader, that is why it is called a Forum !

@lovethetrade you did not comprehend my original post correctly. That is not my contention. You touched on it with... "where volume information is available.." My point is....IS accurate volume information available. Sprout, simples and RM quoted above have some good input on the subject.

@Macca1 Wow, thank you for your contribution to the discussion.

Not my area but I would doubt at the major wirehouses, maybe some of the smaller firms. Wouldn't it be defeating the whole purpose of restricted stock ? An alternative is to short a company in the same sector as the restricted stock , if some type of hedge is what you are looking for.

Stocks