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Stocks for the coming week on my watchlist: Can't always chase the high flyers..so here are some less amazing stocks. OMG JCS ABD AHC CAS CYTX LCAV RECN

It all depends on how many times price either bounced off, or was rejected by that level. Obviously triple tops/bottom are stronger than double tops/bottoms and so on.. And passage of time does not apply to major market swings. Take a look at 4/26/99 candle, and 3/27/00 candle on weekly...

OH HOW DID PEOPLE EVER SURVIVE WITHOUT CELLPHONES AND FACEBOOK! lol. I remember when I used to watch these as a teenager. You younger people probably dont know what this is do you? Technology makes life easier. That's all.

Because I can't just assume that it will go to the moon. The target also gives me an idea of a good place to take money off the table.

I would disagree. John Murphy's book technical analysis of financial markets, page 60: " The more trading that takes place in a support area, the more significant it becomes become more participants have a vested interest in that area."

http://www.youtube.com/watch?v=6YZ4ORz-UJ0&feature=g-hist&context=G297e94aAHT1DiqgAVAA http://www.youtube.com/watch?v=3gN-6D8nH0E (start at 4:20) He trades fx but we have similar methods.

pnl day 615 pnl open 831 MHS and SCSS lead the losses for today with -300 and -195 in todays trading. I expect this to see this kind of stuff but I was surprised to see MHS turn around from what I was so sure to be a nice sell off.

why?

sold 1200 f @ 12.89 + 19.00 didnt get much sleep. taking nap.

going to try some day trades. will post in real time. ------- 1200 F @ 12.86

donest really answer my question..

I hold szym. It's the future it looks like since no other real alternative has been economical.

Why is she leaving?

pnl day: $356.00 pnl open: $67.00

Short MHS. Noticed pin bars forming on both daily and weekly chart near the swing highs. I took this as price weakness. Looking to see price fill the gap and maybe far even more...

bought some FSLR on the selloff at 30.62 / 28.50 stop / 38 target / 3.4 rr http://content.screencast.com/users/nathanw85/folders/Jing/media/a1f5e0d3-988e-4ceb-9d08-64e99809abcb/2012-03-01_1031.png

It's the same as I said above, just in an elaborate way. :)

Trading is making an intelligent, educated guess based on a set of rules with a known probability of success.

that was later discovered to be fake. -------------- I could only dream of having that kind of income, however people get used to certain luxuries to the point where it's a part of their everyday lives. Think about it. Most people here have a smart phone that runs them 100+ a month...

Yes folks, trading can be as simple as you make it.